The key net interest income rose to Rs 2,148.22 crore from Rs 2,113.75 crore in the same period of the previous year.
The company made an additional expected credit loss provision of Rs 224.82 crore in the quarter, taking its overall pandemic provisions to Rs 1,597.62 crore in April-December period of the fiscal and the total additional pandemic provision at Rs 2,507.26 crore.
Gross NPA and net NPA as of December 2020 stood at 5.33 per cent and 3.22 per cent, respectively, as against 8.71 per cent and 6.09 per cent by the same period a year ago.
However, such accounts have been classified as stage 3 and provisioned accordingly. Had the company classified these borrower accounts as NPA after August 2020, the gross NPA and net NPA ratio would have been 7.11 per cent and 4.31 per cent, respectively, it said.
Total assets under management of the largest asset financing NBFC in the country stood at Rs 1,14,932.06 crore compared to Rs 1,08,931.38 crore by December 2019.