The company reported standalone net profit of Rs 8,174.00 crore for the quarter ended March 31, 2021 as compared to Rs 8227.00 crore in the same period last year, registering a year-on-year decline of 0.64 per cent.

Net revenue of the company rose moderately by 8.41 per cent at Rs 36,017.00 crore in January-March quarter of this fiscal as against Rs 33,222.00 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 4.57 per cent to Rs 25,065.00 crore from Rs 23,969.00 crore in year ago period.

Other Income dipped by 57.50 per cent at Rs 864.00 crore versus (Mar'20 Rs 2,033.00 crore).

Operating Profit surged by 18.36 per cent to Rs 10,952.00 crore as against Rs 9,253.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.19 per cent in March quarter.

Interest declined by 47.39 per cent y-o-y to Rs 111.00 crore, while Taxation increased by 29.14 per cent at Rs 2,743.00 crore (Mar'20 Rs 2,124.00 crore).