The company reported standalone net profit of Rs 113.19 crore for the quarter ended March 31, 2019 as compared to Rs 100.08 crore in the same period last year, registering a year-on-year growth of 13.10 per cent.
Net revenue of the company rose moderately by 14.96 per cent at Rs 906.31 crore in January-March quarter of this fiscal as against Rs 788.36 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 10.51 per cent to Rs 753.41 crore from Rs 681.74 crore in year ago period.
Other Income dipped by 49.90 per cent at Rs 29.36 crore versus (Mar'18 Rs 58.60 crore).
Operating Profit surged by 43.41 per cent to Rs 152.90 crore as against Rs 106.62 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 24.78 per cent in March quarter.
Interest declined by 66.06 per cent y-o-y to Rs 0.75 crore, while Taxation increased by 7.53 per cent at Rs 63.41 crore (Mar'18 Rs 58.97 crore).