The company reported standalone net profit of Rs 441.23 crore for the quarter ended September 30, 2021 as compared to Rs 440.53 crore in the same period last year, registering a year-on-year growth of 0.16 per cent.
Net revenue of the company rose moderately by 13.49 per cent at Rs 3,237.26 crore in July-September quarter of this fiscal as against Rs 2,852.46 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 16.66 per cent to Rs 2,534.10 crore from Rs 2,172.13 crore in year ago period.
Other Income dipped by 30.71 per cent at Rs 36.22 crore versus (Sep'20 Rs 52.27 crore).
Operating Profit surged by 3.36 per cent to Rs 703.16 crore as against Rs 680.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.93 per cent in September quarter.
Interest grew by 16.37 per cent y-o-y to Rs 21.47 crore, while Taxation increased by 4.15 per cent at Rs 150.98 crore (Sep'20 Rs 144.96 crore).