The company reported standalone net profit of Rs 245.34 crore for the quarter ended September 30, 2017 as compared to Rs 227.57 crore in the same period last year, registering a year-on-yearÿgrowthÿof 7.81 per cent.
Net revenue of the company rose moderately by 7.84 per cent at Rs 2,373.42 crore in July-September quarter of this fiscal as against Rs 2,200.87 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 6.99 per cent to Rs 2,032.22 crore from Rs 1,899.53 crore in year ago period.
Other Income grew by 22.16 per cent at Rs 49.23 crore versus (Sep'16 Rs 40.30 crore).
Operating Profit surged by 9.38 per cent to Rs 353.16 crore as against Rs 322.86 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.43 per cent in September quarter.
Interest grew by 29.41 per cent y-o-y to Rs 0.44 crore, while Taxation increased by 14.46 per cent at Rs 128.41 crore (Sep'16 Rs 112.19 crore).