The company reported standalone net profit of Rs 2,694.10 crore for the quarter ended September 30, 2021 as compared to Rs 2247.75 crore in the same period last year, registering a year-on-year growth of 19.86 per cent.
Net revenue of the company rose triple digit by 102.67 per cent at Rs 1,01,631.67 crore in July-September quarter of this fiscal as against Rs 50,146.36 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 109.86 per cent to Rs 97,153.96 crore from Rs 46,295.19 crore in year ago period.
Other Income grew by 18.86 per cent at Rs 680.54 crore versus (Sep'20 Rs 572.58 crore).
Operating Profit surged by 16.27 per cent to Rs 4,477.71 crore as against Rs 3,851.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 42.58 per cent in September quarter.
Interest grew by 3017.25 per cent y-o-y to Rs 394.02 crore, while Taxation decreased by 14.10 per cent at Rs 902.00 crore (Sep'20 Rs 1,050.00 crore).