The company reported standalone net profit of Rs 810.80 crore for the quarter ended March 31, 2024 as compared to Rs 776.85 crore in the same period last year, registering a year-on-year growth of 4.37 per cent.

Net revenue of the company rose substantially by 26.23 per cent at Rs 25,116.47 crore in January-March quarter of this fiscal as against Rs 19,896.92 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 86.33 per cent to Rs 37,505.50 crore from Rs 20,128.67 crore in year ago period.

Other Income grew by 10713.52 per cent at Rs 1,639.33 crore versus (Mar'23 Rs 15.16 crore).

Operating Profit slipped by 207.15 per cent to Rs -1,250.31 crore as against Rs 1,166.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 184.98 per cent in March quarter.

Taxation decreased by 42.84 per cent at Rs 25.55 crore (Mar'23 Rs 44.70 crore).