India, Jan. 13 -- The company reported standalone net profit of Rs 2,611.30 crore for the quarter ended December 31, 2020 as compared to Rs 2261.30 crore in the same period last year, registering a year-on-year growth of 15.48 per cent.

Net revenue of the company declined by 0.79 per cent at Rs 12,596.10 crore in October-December quarter of this fiscal as against Rs 12,695.90 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 5.61 per cent to Rs 9,397.70 crore from Rs 9,955.80 crore in year ago period.

Other Income grew by 14.93 per cent at Rs 599.00 crore versus (Dec'19 Rs 521.20 crore).

Operating Profit surged by 16.73 per cent to Rs 3,198.40 crore as against Rs 2,740.10 crore i...