The company reported standalone net profit of Rs 207.85 crore for the quarter ended March 31, 2025 as compared to Rs 87.30 crore in the same period last year, registering a year-on-year growth of 138.09 per cent.
Net revenue of the company declined moderately by 8.64 per cent at Rs 809.62 crore in January-March quarter of this fiscal as against Rs 886.16 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 5.10 per cent to Rs 720.26 crore from Rs 685.29 crore in year ago period.
Other Income dipped by 26.27 per cent at Rs 10.05 crore versus (Mar'24 Rs 13.63 crore).
Operating Profit slipped by 55.51 per cent to Rs 89.36 crore as against Rs 200.87 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.30 per cent in March quarter.
Interest grew by 46.85 per cent y-o-y to Rs 43.07 crore, while Taxation decreased by 792.17 per cent at Rs -225.51 crore (Mar'24 Rs 32.58 crore).