The company reported standalone net profit of Rs 289.69 crore for the quarter ended March 31, 2019 as compared to Rs 244.69 crore in the same period last year, registering a year-on-year growth of 18.39 per cent.
Net revenue of the company rose moderately by 11.64 per cent at Rs 2,631.29 crore in January-March quarter of this fiscal as against Rs 2,357.04 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.26 per cent to Rs 2,245.88 crore from Rs 2,018.53 crore in year ago period.
Other Income grew by 45.68 per cent at Rs 58.30 crore versus (Mar'18 Rs 40.02 crore).
Operating Profit surged by 14.16 per cent to Rs 422.22 crore as against Rs 369.85 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.29 per cent in March quarter.
Interest grew by 9.68 per cent y-o-y to Rs 0.34 crore, while Taxation increased by 19.94 per cent at Rs 154.21 crore (Mar'18 Rs 128.57 crore).