The company reported standalone net profit of Rs 74.09 crore for the quarter ended March 31, 2025 as compared to Rs 229.77 crore in the same period last year, registering a year-on-year decline of 67.75 per cent.
Net revenue of the company declined marginally by 4.08 per cent at Rs 1,438.97 crore in January-March quarter of this fiscal as against Rs 1,500.25 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 5.28 per cent to Rs 1,253.27 crore from Rs 1,190.46 crore in year ago period.
Other Income dipped by 45.32 per cent at Rs 16.37 crore versus (Mar'24 Rs 29.94 crore).
Operating Profit slipped by 40.06 per cent to Rs 185.70 crore as against Rs 309.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.48 per cent in March quarter.
Interest grew by 48.98 per cent y-o-y to Rs 42.40 crore, while Taxation increased by 4.91 per cent at Rs 22.21 crore (Mar'24 Rs 21.17 crore).