The company reported standalone net profit of Rs 41.05 crore for the quarter ended March 31, 2025 as compared to Rs 125.28 crore in the same period last year, registering a year-on-year decline of 67.23 per cent.
Net revenue of the company declined by 5.53 per cent at Rs 559.03 crore in January-March quarter of this fiscal as against Rs 591.78 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 58.70 per cent to Rs 298.49 crore from Rs 188.09 crore in year ago period.
Other Income grew by 39.55 per cent at Rs 1.87 crore versus (Mar'24 Rs 1.34 crore).
Operating Profit slipped by 35.40 per cent to Rs 261.31 crore as against Rs 404.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 31.62 per cent in March quarter.
Interest grew by 1.17 per cent y-o-y to Rs 235.57 crore, while Taxation decreased by 147.65 per cent at Rs -20.05 crore (Mar'24 Rs 42.08 crore).