The company reported standalone net profit of Rs 180.54 crore for the quarter ended December 31, 2018 as compared to Rs 82.17 crore in the same period last year, registering a year-on-year growth of 119.72 per cent.
Net revenue of the company rose substantially by 22.21 per cent at Rs 1,074.87 crore in October-December quarter of this fiscal as against Rs 879.56 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 16.37 per cent to Rs 803.32 crore from Rs 690.31 crore in year ago period.
Other Income grew by 47.53 per cent at Rs 162.43 crore versus (Dec'17 Rs 110.10 crore).
Operating Profit surged by 43.49 per cent to Rs 271.55 crore as against Rs 189.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.38 per cent in December quarter.
Interest grew by 54.92 per cent y-o-y to Rs 63.44 crore, while Taxation decreased by 4.76 per cent at Rs 20.00 crore (Dec'17 Rs 21.00 crore).