The company reported standalone net profit of Rs 0.81 crore for the quarter ended June 30, 2025 as compared to Rs 152.19 crore in the same period last year, registering a year-on-year decline of 99.47 per cent.
Net revenue of the company declined substantially by 23.48 per cent at Rs 282.66 crore in April-June quarter of this fiscal as against Rs 369.37 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 92.75 per cent to Rs 302.75 crore from Rs 157.07 crore in year ago period.
Other Income grew by 133.04 per cent at Rs 81.33 crore versus (Jun'24 Rs 34.90 crore).
Operating Profit slipped by 109.46 per cent to Rs -20.09 crore as against Rs 212.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 112.37 per cent in June quarter.
Interest grew by 37.25 per cent y-o-y to Rs 60.06 crore, while Taxation decreased by 99.45 per cent at Rs 0.28 crore (Jun'24 Rs 51.24 crore).