The company reported standalone net profit of Rs 134.90 crore for the quarter ended September 30, 2019 as compared to Rs 95.69 crore in the same period last year, registering a year-on-year growth of 40.98 per cent.

Net revenue of the company rose by 5.06 per cent at Rs 4,673.00 crore in July-September quarter of this fiscal as against Rs 4,448.09 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 4.67 per cent to Rs 4,608.68 crore from Rs 4,403.18 crore in year ago period.

Other Income dipped by 44.20 per cent at Rs 36.31 crore versus (Sep'18 Rs 65.07 crore).

Operating Profit surged by 7.12 per cent to Rs 141.19 crore as against Rs 131.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.03 per cent in September quarter.

Interest declined by 73.11 per cent y-o-y to Rs 15.00 crore, while Taxation decreased by 40.06 per cent at Rs 26.87 crore (Sep'18 Rs 44.83 crore).