The company reported standalone net profit of Rs 195.76 crore for the quarter ended June 30, 2021 as compared to Rs 180.35 crore in the same period last year, registering a year-on-year growth of 8.54 per cent.
Net revenue of the company rose moderately by 14.43 per cent at Rs 1,217.83 crore in April-June quarter of this fiscal as against Rs 1,064.27 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 14.66 per cent to Rs 952.68 crore from Rs 830.85 crore in year ago period.
Other Income dipped by 30.47 per cent at Rs 19.21 crore versus (Jun'20 Rs 27.63 crore).
Operating Profit surged by 13.59 per cent to Rs 265.15 crore as against Rs 233.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.73 per cent in June quarter.
Interest grew by 13.26 per cent y-o-y to Rs 5.04 crore, while Taxation increased by 9.14 per cent at Rs 67.83 crore (Jun'20 Rs 62.15 crore).