The company reported standalone net profit of Rs 330.60 crore for the quarter ended September 30, 2019 as compared to Rs 279.20 crore in the same period last year, registering a year-on-year growth of 18.41 per cent.

Net revenue of the company rose by 5.68 per cent at Rs 4,018.00 crore in July-September quarter of this fiscal as against Rs 3,802.00 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 5.75 per cent to Rs 3,723.20 crore from Rs 3,520.60 crore in year ago period.

Other Income grew by 85.08 per cent at Rs 141.40 crore versus (Sep'18 Rs 76.40 crore).

Operating Profit slipped by 3.11 per cent to Rs 405.60 crore as against Rs 418.60 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.36 per cent in September quarter.

Interest grew by 68.63 per cent y-o-y to Rs 8.60 crore, while Taxation decreased by 5.00 per cent at Rs 152.00 crore (Sep'18 Rs 160.00 crore).