The company reported standalone net profit of Rs 504.04 crore for the quarter ended June 30, 2025 as compared to Rs 602.26 crore in the same period last year, registering a year-on-year decline of 16.31 per cent.
Net revenue of the company declined substantially by 24.68 per cent at Rs 5,875.60 crore in April-June quarter of this fiscal as against Rs 7,800.75 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 25.30 per cent to Rs 5,296.25 crore from Rs 7,090.24 crore in year ago period.
Other Income grew by 53.33 per cent at Rs 492.38 crore versus (Jun'24 Rs 321.13 crore).
Operating Profit slipped by 18.46 per cent to Rs 579.35 crore as against Rs 710.51 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.23 per cent in June quarter.
Interest grew by 102.43 per cent y-o-y to Rs 349.63 crore, while Taxation decreased by 18.12 per cent at Rs 176.31 crore (Jun'24 Rs 215.33 crore).