The company reported standalone net profit of Rs 308.84 crore for the quarter ended June 30, 2025 as compared to Rs 459.28 crore in the same period last year, registering a year-on-year decline of 32.76 per cent.
Net revenue of the company declined substantially by 33.96 per cent at Rs 775.34 crore in April-June quarter of this fiscal as against Rs 1,173.97 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 30.08 per cent to Rs 367.88 crore from Rs 526.13 crore in year ago period.
Other Income grew by 131.83 per cent at Rs 85.50 crore versus (Jun'24 Rs 36.88 crore).
Operating Profit slipped by 37.10 per cent to Rs 407.46 crore as against Rs 647.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.77 per cent in June quarter.
Interest grew by 27.27 per cent y-o-y to Rs 73.64 crore, while Taxation decreased by 41.18 per cent at Rs 86.75 crore (Jun'24 Rs 147.48 crore).