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Income from operations improved 18% to Rs 1346.42 crore in the quarter ended December 2016. Interest expense rose 6% to Rs 596.98 crore, while other expenses (including staff cost of Rs 173.4 crore and other expenses of Rs 114.39 crore) moved up 7% to Rs 287.79 crore. Ensuing Gross profit improved 48% to Rs 461.65 crore in Q3FY2017 over Q3FY2016.