The company reported standalone net profit of Rs 64.58 crore for the quarter ended March 31, 2025 as compared to Rs 71.75 crore in the same period last year, registering a year-on-year decline of 9.99 per cent.
Net revenue of the company rose moderately by 6.87 per cent at Rs 785.11 crore in January-March quarter of this fiscal as against Rs 734.65 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.46 per cent to Rs 701.83 crore from Rs 647.06 crore in year ago period.
Other Income dipped by 11.04 per cent at Rs 15.15 crore versus (Mar'24 Rs 17.03 crore).
Operating Profit slipped by 4.92 per cent to Rs 83.28 crore as against Rs 87.59 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.99 per cent in March quarter.
Interest grew by 104.03 per cent y-o-y to Rs 2.53 crore, while Taxation decreased by 8.54 per cent at Rs 20.66 crore (Mar'24 Rs 22.59 crore).