The company reported standalone net profit of Rs 83.16 crore for the quarter ended March 31, 2025 as compared to Rs 199.85 crore in the same period last year, registering a year-on-year decline of 58.39 per cent.
Net revenue of the company rose marginally by 4.48 per cent at Rs 1,215.84 crore in January-March quarter of this fiscal as against Rs 1,163.66 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 3.10 per cent to Rs 1,092.22 crore from Rs 1,059.40 crore in year ago period.
Other Income grew by 45.99 per cent at Rs 18.03 crore versus (Mar'24 Rs 12.35 crore).
Operating Profit surged by 18.56 per cent to Rs 123.61 crore as against Rs 104.26 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.50 per cent in March quarter.
Interest declined by 5.31 per cent y-o-y to Rs 12.83 crore, while Taxation decreased by 58.73 per cent at Rs 28.58 crore (Mar'24 Rs 69.25 crore).