The company reported standalone net profit of Rs 302.70 crore for the quarter ended December 31, 2018 as compared to Rs 249.17 crore in the same period last year, registering a year-on-year growth of 21.48 per cent.
Net revenue of the company rose moderately by 11.97 per cent at Rs 2,685.37 crore in October-December quarter of this fiscal as against Rs 2,398.32 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 10.83 per cent to Rs 2,256.94 crore from Rs 2,036.41 crore in year ago period.
Other Income grew by 69.17 per cent at Rs 55.42 crore versus (Dec'17 Rs 32.76 crore).
Operating Profit surged by 19.13 per cent to Rs 446.25 crore as against Rs 374.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.40 per cent in December quarter.
Interest declined by 2.63 per cent y-o-y to Rs 0.37 crore, while Taxation increased by 24.12 per cent at Rs 161.75 crore (Dec'17 Rs 130.32 crore).