Firm says profits hit due to heavy expenses on brand building and marketing
Consolidated net profit rose 33% to Rs 280 crore in the quarter
The growth in profit was mainly on account of improved sales: Manish Sanghi
The net interest income increased to Rs 843.75 cr against Rs 800.81 cr in the same period of previous year
The company had posted a net loss of Rs 16.52 cr in the year-ago period
The company had reported a net profit of Rs 840.59 cr in the year-ago period
Total income from operations rose to Rs 315 cr for the quarter vs Rs 217 cr for the same period year ago
The company's second quarter iron ore production rose to 14.4 MT, up 9.9%
Total income for the quarter stood at Rs 3,008.27 crore
Total income of the bank increased 18.7% in the April-June quarter to Rs 2,319.94 crore
The company had posted a net profit of Rs 10.76 cr in the same period last year
Company's revenue grew 36.5% to Rs 544.29 crore during the quarter
Total income of the company, however, rose to Rs 383 cr from 322 cr in the same period last year