The company reported standalone net profit of Rs 52.37 crore for the quarter ended March 31, 2025 as compared to Rs 122.55 crore in the same period last year, registering a year-on-year decline of 57.27 per cent.
Net revenue of the company declined moderately by 11.26 per cent at Rs 547.69 crore in January-March quarter of this fiscal as against Rs 617.17 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.50 per cent to Rs 465.03 crore from Rs 444.99 crore in year ago period.
Other Income dipped by 22.25 per cent at Rs 19.08 crore versus (Mar'24 Rs 24.54 crore).
Operating Profit slipped by 51.99 per cent to Rs 82.66 crore as against Rs 172.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 45.91 per cent in March quarter.
Interest grew by 3.65 per cent y-o-y to Rs 6.54 crore, while Taxation decreased by 52.69 per cent at Rs 18.44 crore (Mar'24 Rs 38.98 crore).