The company reported standalone net profit of Rs 621.45 crore for the quarter ended March 31, 2018 as compared to Rs 262.07 crore in the same period last year, registering a year-on-year growth of 137.13 per cent.
Net revenue of the company rose substantially by 24.40 per cent at Rs 1,491.48 crore in January-March quarter of this fiscal as against Rs 1,198.90 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 25.10 per cent to Rs 948.61 crore from Rs 758.28 crore in year ago period.
Other Income grew by 637.30 per cent at Rs 509.77 crore versus (Mar'17 Rs 69.14 crore).
Operating Profit surged by 23.21 per cent to Rs 542.87 crore as against Rs 440.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.95 per cent in March quarter.
Interest grew by 19.00 per cent y-o-y to Rs 128.15 crore, while Taxation increased by 60.32 per cent at Rs 266.27 crore (Mar'17 Rs 166.09 crore).