The company reported standalone net profit of Rs 172.42 crore for the quarter ended March 31, 2025 as compared to Rs 196.93 crore in the same period last year, registering a year-on-year decline of 12.45 per cent.
Net revenue of the company rose by 0.26 per cent at Rs 908.34 crore in January-March quarter of this fiscal as against Rs 905.94 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.69 per cent to Rs 700.68 crore from Rs 644.66 crore in year ago period.
Other Income grew by 27.88 per cent at Rs 43.07 crore versus (Mar'24 Rs 33.68 crore).
Operating Profit slipped by 20.52 per cent to Rs 207.66 crore as against Rs 261.28 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.74 per cent in March quarter.
Interest declined by 7.65 per cent y-o-y to Rs 4.59 crore, while Taxation decreased by 25.11 per cent at Rs 49.03 crore (Mar'24 Rs 65.47 crore).