The company reported standalone net profit of Rs 2.47 crore for the quarter ended March 31, 2025 as compared to Rs 21.60 crore in the same period last year, registering a year-on-year decline of 88.56 per cent.
Net revenue of the company rose marginally by 2.27 per cent at Rs 1,022.36 crore in January-March quarter of this fiscal as against Rs 999.68 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.08 per cent to Rs 852.99 crore from Rs 835.57 crore in year ago period.
Other Income dipped by 49.75 per cent at Rs 17.37 crore versus (Mar'24 Rs 34.57 crore).
Operating Profit surged by 3.21 per cent to Rs 169.37 crore as against Rs 164.11 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.91 per cent in March quarter.
Interest grew by 21.58 per cent y-o-y to Rs 69.07 crore, while Taxation decreased by 201.74 per cent at Rs -7.00 crore (Mar'24 Rs 6.88 crore).