The company reported standalone net profit of Rs 349.92 crore for the quarter ended March 31, 2025 as compared to Rs 654.28 crore in the same period last year, registering a year-on-year decline of 46.52 per cent.
Net revenue of the company rose substantially by 28.84 per cent at Rs 4,106.10 crore in January-March quarter of this fiscal as against Rs 3,186.93 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 27.31 per cent to Rs 3,449.71 crore from Rs 2,709.66 crore in year ago period.
Other Income grew by 32.46 per cent at Rs 97.04 crore versus (Mar'24 Rs 73.26 crore).
Operating Profit surged by 37.53 per cent to Rs 656.39 crore as against Rs 477.27 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.74 per cent in March quarter.
Interest grew by 15.33 per cent y-o-y to Rs 37.09 crore, while Taxation decreased by 49.54 per cent at Rs 103.33 crore (Mar'24 Rs 204.79 crore).