The company reported standalone net profit of Rs 155.49 crore for the quarter ended March 31, 2025 as compared to Rs 252.84 crore in the same period last year, registering a year-on-year decline of 38.50 per cent.
Net revenue of the company declined moderately by 11.48 per cent at Rs 1,340.91 crore in January-March quarter of this fiscal as against Rs 1,514.83 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 20.86 per cent to Rs 952.37 crore from Rs 787.99 crore in year ago period.
Other Income dipped by 92.71 per cent at Rs 25.43 crore versus (Mar'24 Rs 348.70 crore).
Operating Profit slipped by 46.54 per cent to Rs 388.54 crore as against Rs 726.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 39.60 per cent in March quarter.
Interest declined by 10.32 per cent y-o-y to Rs 97.41 crore, while Taxation increased by 211.28 per cent at Rs 45.20 crore (Mar'24 Rs -40.62 crore).