The company reported standalone net profit of Rs 74.78 crore for the quarter ended June 30, 2019 as compared to Rs 74.68 crore in the same period last year, registering a year-on-year growth of 0.13 per cent.

Net revenue of the company rose moderately by 9.94 per cent at Rs 940.09 crore in April-June quarter of this fiscal as against Rs 855.06 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 1.13 per cent to Rs 721.04 crore from Rs 713.00 crore in year ago period.

Other Income grew by 113.87 per cent at Rs 15.27 crore versus (Jun'18 Rs 7.14 crore).

Operating Profit surged by 54.20 per cent to Rs 219.05 crore as against Rs 142.06 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 40.28 per cent in June quarter.

Interest grew by 0.00 per cent y-o-y to Rs 39.50 crore, while Taxation increased by 3.42 per cent at Rs 39.27 crore (Jun'18 Rs 37.97 crore).