The company reported standalone net profit of Rs 95.49 crore for the quarter ended March 31, 2025 as compared to Rs 24.31 crore in the same period last year, registering a year-on-year growth of 292.80 per cent.
Net revenue of the company declined moderately by 18.29 per cent at Rs 516.61 crore in January-March quarter of this fiscal as against Rs 632.25 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 19.52 per cent to Rs 410.23 crore from Rs 509.75 crore in year ago period.
Other Income grew by 9.42 per cent at Rs 6.27 crore versus (Mar'24 Rs 5.73 crore).
Operating Profit slipped by 13.15 per cent to Rs 106.38 crore as against Rs 122.49 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.30 per cent in March quarter.
Interest declined by 4.72 per cent y-o-y to Rs 66.37 crore, while Taxation decreased by 1492.32 per cent at Rs -77.97 crore (Mar'24 Rs 5.60 crore).