The company reported standalone net profit of Rs 265.52 crore for the quarter ended September 30, 2022 as compared to Rs 192.33 crore in the same period last year, registering a year-on-year growth of 38.05 per cent.

Net revenue of the company rose moderately by 12.88 per cent at Rs 1,379.48 crore in July-September quarter of this fiscal as against Rs 1,222.06 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 7.67 per cent to Rs 1,036.18 crore from Rs 962.37 crore in year ago period.

Other Income grew by 84.13 per cent at Rs 33.53 crore versus (Sep'21 Rs 18.21 crore).

Operating Profit surged by 32.20 per cent to Rs 343.30 crore as against Rs 259.69 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.13 per cent in September quarter.

Interest declined by 11.97 per cent y-o-y to Rs 3.97 crore, while Taxation increased by 38.56 per cent at Rs 89.87 crore (Sep'21 Rs 64.86 crore).