The company reported standalone net profit of Rs 6,628.00 crore for the quarter ended March 31, 2025 as compared to Rs 8480.00 crore in the same period last year, registering a year-on-year decline of 21.84 per cent.
Net revenue of the company rose moderately by 6.67 per cent at Rs 34,136.00 crore in January-March quarter of this fiscal as against Rs 32,001.00 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.06 per cent to Rs 25,757.00 crore from Rs 24,286.00 crore in year ago period.
Other Income dipped by 62.02 per cent at Rs 1,323.00 crore versus (Mar'24 Rs 3,483.00 crore).
Operating Profit surged by 8.61 per cent to Rs 8,379.00 crore as against Rs 7,715.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.82 per cent in March quarter.
Interest declined by 17.74 per cent y-o-y to Rs 51.00 crore, while Taxation increased by 25.80 per cent at Rs 2,433.00 crore (Mar'24 Rs 1,934.00 crore).