The company reported standalone net profit of Rs 202.47 crore for the quarter ended March 31, 2025 as compared to Rs 277.06 crore in the same period last year, registering a year-on-year decline of 26.92 per cent.
Net revenue of the company declined substantially by 23.91 per cent at Rs 1,182.66 crore in January-March quarter of this fiscal as against Rs 1,554.29 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 14.95 per cent to Rs 932.05 crore from Rs 1,095.87 crore in year ago period.
Other Income grew by 140.32 per cent at Rs 19.37 crore versus (Mar'24 Rs 8.06 crore).
Operating Profit slipped by 43.01 per cent to Rs 261.25 crore as against Rs 458.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.09 per cent in March quarter.
Interest grew by 484.65 per cent y-o-y to Rs 13.33 crore, while Taxation decreased by 75.05 per cent at Rs 42.59 crore (Mar'24 Rs 170.68 crore).