The company's net profit in corresponding December quarter of the previous fiscal was at Rs 69.45 crore.
Total income from operations rose to Rs 313.41 crore during the three months to December 2016-17, up from Rs 247.06 crore, it said in a regulatory filing.
Gross NPAs rose to 4.78 per cent of gross advances in the quarter, from 3.77 per cent a year ago, and net NPAs were at 3.32 per cent from 2.80 per cent.
There was an uptick in the company's provision and contingencies allocation at Rs 8.64 crore against Rs 2.84 crore a year ago.
The company's main business is to provide finance for energy chain through investment and lending into such projects.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
