The company reported standalone net profit of Rs 91.87 crore for the quarter ended March 31, 2019 as compared to Rs 49.55 crore in the same period last year, registering a year-on-year growth of 85.41 per cent.
Net revenue of the company rose triple digit by 147.02 per cent at Rs 2,610.85 crore in January-March quarter of this fiscal as against Rs 1,056.93 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 123.28 per cent to Rs 2,192.77 crore from Rs 982.06 crore in year ago period.
Other Income grew by 91.67 per cent at Rs 83.55 crore versus (Mar'18 Rs 43.59 crore).
Operating Profit surged by 458.48 per cent to Rs 418.08 crore as against Rs 74.86 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 126.13 per cent in March quarter.
Interest grew by 227.43 per cent y-o-y to Rs 119.12 crore, while Taxation decreased by 3.32 per cent at Rs 24.45 crore (Mar'18 Rs 25.29 crore).