The company reported standalone net profit of Rs 58.99 crore for the quarter ended March 31, 2025 as compared to Rs 75.52 crore in the same period last year, registering a year-on-year decline of 21.89 per cent.
Net revenue of the company declined moderately by 16.46 per cent at Rs 701.12 crore in January-March quarter of this fiscal as against Rs 839.28 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 15.76 per cent to Rs 622.69 crore from Rs 739.17 crore in year ago period.
Other Income grew by 23.58 per cent at Rs 15.41 crore versus (Mar'24 Rs 12.47 crore).
Operating Profit slipped by 21.66 per cent to Rs 78.43 crore as against Rs 100.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.20 per cent in March quarter.
Interest grew by 2.94 per cent y-o-y to Rs 1.05 crore, while Taxation decreased by 16.70 per cent at Rs 21.79 crore (Mar'24 Rs 26.16 crore).