The company reported standalone net profit of Rs 275.00 crore for the quarter ended September 30, 2019 as compared to Rs 271.00 crore in the same period last year, registering a year-on-year growth of 1.48 per cent.

Net revenue of the company rose marginally by 1.17 per cent at Rs 2,246.00 crore in July-September quarter of this fiscal as against Rs 2,220.00 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 4.33 per cent to Rs 1,783.00 crore from Rs 1,709.00 crore in year ago period.

Other Income grew by 60.71 per cent at Rs 45.00 crore versus (Sep'18 Rs 28.00 crore).

Operating Profit slipped by 9.39 per cent to Rs 463.00 crore as against Rs 511.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.47 per cent in September quarter.

Interest grew by 5.83 per cent y-o-y to Rs 127.00 crore, while Taxation increased by 0.00 per cent at Rs 46.00 crore (Sep'18 Rs 0.00 crore).