The company reported standalone net profit of Rs 160.18 crore for the quarter ended December 31, 2018 as compared to Rs 105.58 crore in the same period last year, registering a year-on-year growth of 51.71 per cent.
Net revenue of the company rose moderately by 10.29 per cent at Rs 947.59 crore in October-December quarter of this fiscal as against Rs 859.21 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 2.56 per cent to Rs 715.89 crore from Rs 698.01 crore in year ago period.
Other Income grew by 15.13 per cent at Rs 12.63 crore versus (Dec'17 Rs 10.97 crore).
Operating Profit surged by 43.73 per cent to Rs 231.70 crore as against Rs 161.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 30.33 per cent in December quarter.
Interest declined by 11.96 per cent y-o-y to Rs 4.93 crore, while Taxation increased by 113.16 per cent at Rs 36.60 crore (Dec'17 Rs 17.17 crore).