The company reported standalone net profit of Rs 344.38 crore for the quarter ended September 30, 2021 as compared to Rs 338.06 crore in the same period last year, registering a year-on-year growth of 1.87 per cent.

Net revenue of the company rose moderately by 18.87 per cent at Rs 542.33 crore in July-September quarter of this fiscal as against Rs 456.25 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 44.64 per cent to Rs 131.23 crore from Rs 90.73 crore in year ago period.

Other Income dipped by 41.89 per cent at Rs 66.07 crore versus (Sep'20 Rs 113.70 crore).

Operating Profit surged by 12.47 per cent to Rs 411.10 crore as against Rs 365.52 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.38 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 2.21 crore, while Taxation decreased by 6.33 per cent at Rs 116.99 crore (Sep'20 Rs 124.89 crore).