• Revenue from operations (excluding other operating income) was down by 1% to Rs 3384.58 crore. However the volume traded was up by 39% to 18597 million units which was offset by 29% fall in average per unit realization.
• Other operating income jumped up by 93% to Rs 99.14 crore as the surcharge and rebate stand higher by 51% to Rs 65.06 crore and 23% to Rs 30.70 crore respectively.
• Strong expansion is OPM was largely due to sharp fall in cost of electricity which as % of revenue was down by 250 bps to 93.9%. While the other operating exp was up by 70 bps that of other expense was down by 20 bps.

Consolidated revenue was down by 1% to Rs 3793.51 crore and with OPM contract by marginal 10 bps to 10.7%, the OP was down by 2% to Rs 406.68 crore. After accounting for lower OI, lower interest and depreciation, the PBT was up by 41% to Rs 158.20 crore. After accounting for 17% higher share of profit from associate to Rs 0.14 crore and lower taxation down 9% to Rs 44.19 crore, the PAT was up by 80% to Rs 114.15 crore. Eventually the net profit after MI jumped up by 121% to Rs 106.85 crore as the MI was down by 52% to RS 7.30 crore.

Half Yearly performance

Standalone sales was up by 2% to Rs 9886.88 crore. With OPM expand by 50 bps to 3%, the growth at operating profit was up by 21% to Rs 295.11 crore. The PBT was up by 19% to Rs 307.69 crore gained largely by lower interest and depreciation cost. With EO expense double to Rs 0.02 crore, the PBT after EO was up by 19% to Rs 307.67 crore. The taxation was higher by 23% to Rs 73.81 crore and thus the PAT was up by 18% to Rs 233.86 crore.

Consolidated sales was flat at Rs 14428.92 crore and with OPM down by 80 bps to 9.2%, the OP was down by 8% to Rs 1328.09 crore. Eventually the net profit after MI was up by 18% to Rs 380.10 crore.