The company reported standalone net profit of Rs 603.01 crore for the quarter ended December 31, 2018 as compared to Rs 365.19 crore in the same period last year, registering a year-on-year growth of 65.12 per cent.
Net revenue of the company rose substantially by 24.29 per cent at Rs 1,930.18 crore in October-December quarter of this fiscal as against Rs 1,552.94 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 6.73 per cent to Rs 1,052.85 crore from Rs 986.48 crore in year ago period.
Other Income grew by 9.21 per cent at Rs 48.62 crore versus (Dec'17 Rs 44.52 crore).
Operating Profit surged by 54.88 per cent to Rs 877.33 crore as against Rs 566.46 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 24.59 per cent in December quarter.
Interest grew by 267.63 per cent y-o-y to Rs 5.11 crore, while Taxation increased by 28.85 per cent at Rs 276.87 crore (Dec'17 Rs 214.87 crore).