The company reported standalone net profit of Rs 55.87 crore for the quarter ended September 30, 2017 as compared to Rs 45.69 crore in the same period last year, registering a year-on-yearÿgrowthÿof 22.28 per cent.
Net revenue of the company rose moderately by 11.61 per cent at Rs 278.99 crore in July-September quarter of this fiscal as against Rs 249.97 crore in the corresponding period last year.
During July-September quarter, operating expenses increased by 19.56 per cent to Rs 33.68 crore from Rs 28.17 crore in year ago period.
Other Income grew by 1438.46 per cent at Rs 2.00 crore versus (Sep'16 Rs 0.13 crore).
Operating Profit surged by 5.99 per cent to Rs 245.31 crore as against Rs 231.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.03 per cent in September quarter.
Interest grew by 1.56 per cent y-o-y to Rs 162.19 crore, while Taxation increased by 12.36 per cent at Rs 28.45 crore (Sep'16 Rs 25.32 crore).