The company reported standalone net profit of Rs 90.72 crore for the quarter ended March 31, 2025 as compared to Rs 1204.37 crore in the same period last year, registering a year-on-year decline of 92.47 per cent.
Net revenue of the company declined substantially by 88.95 per cent at Rs 138.02 crore in January-March quarter of this fiscal as against Rs 1,248.64 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 31.09 per cent to Rs 40.18 crore from Rs 30.65 crore in year ago period.
Other Income grew by 205.21 per cent at Rs 29.27 crore versus (Mar'24 Rs 9.59 crore).
Operating Profit slipped by 91.97 per cent to Rs 97.84 crore as against Rs 1,217.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 27.33 per cent in March quarter.
Interest declined by 31.48 per cent y-o-y to Rs 0.37 crore, while Taxation increased by 90.69 per cent at Rs 28.05 crore (Mar'24 Rs 14.71 crore).