This is the highest ever quarterly profit reported by the non-banking finance company...

The bank had earned a net profit of Rs 10,342.2 crore in the corresponding quarter of the previous fiscal year...

Net profit of the mortgage lender rose to Rs 3,700.32 crore against Rs 3,179.83 crore a year ago...

The strong jump in its bottomline came on the back of a 21 per cent growth in its core income (NII-interest earned minus interest paid) and a drop in provisions...

This growth in its bottomline came on the back of lower provisions even as net interest income rose by a modest 10.2 per cent...

The lender had reported a net loss of Rs 864 crore on a standalone basis in the corresponding previous quarter...

The country’s largest lender posted a net profit of Rs 6,451 crore against Rs 3,581 crore in the same period of the previous year...

The jump came on the back of a 17 per cent growth in core net interest income that rose to Rs 10,431 crore from Rs 8,927 crore in the same period of the previous year...

Analysts had expected the lender to report a net profit growth of around 21 per cent during the period ...

Net interest income for the quarter grew 33.57% to Rs 1,680 crore against Rs 1,258 crore in the corresponding period previous year...