The company reported standalone net profit of Rs 287.18 crore for the quarter ended March 31, 2025 as compared to Rs 409.54 crore in the same period last year, registering a year-on-year decline of 29.88 per cent.
Net revenue of the company declined by 0.78 per cent at Rs 4,102.01 crore in January-March quarter of this fiscal as against Rs 4,134.18 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 3.09 per cent to Rs 3,652.50 crore from Rs 3,543.10 crore in year ago period.
Other Income grew by 139.22 per cent at Rs 74.35 crore versus (Mar'24 Rs 31.08 crore).
Operating Profit slipped by 23.95 per cent to Rs 449.51 crore as against Rs 591.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.36 per cent in March quarter.
Interest grew by 7.20 per cent y-o-y to Rs 7.44 crore, while Taxation decreased by 28.19 per cent at Rs 100.66 crore (Mar'24 Rs 140.17 crore).