The company reported standalone net profit of Rs 84.86 crore for the quarter ended March 31, 2025 as compared to Rs 104.70 crore in the same period last year, registering a year-on-year decline of 18.95 per cent.
Net revenue of the company declined moderately by 12.63 per cent at Rs 127.93 crore in January-March quarter of this fiscal as against Rs 146.42 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.11 per cent to Rs 90.61 crore from Rs 92.56 crore in year ago period.
Other Income grew by 0.45 per cent at Rs 132.71 crore versus (Mar'24 Rs 132.12 crore).
Operating Profit slipped by 30.71 per cent to Rs 37.32 crore as against Rs 53.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.69 per cent in March quarter.
Interest grew by 17.84 per cent y-o-y to Rs 75.55 crore, while Taxation decreased by 50.60 per cent at Rs 8.25 crore (Mar'24 Rs 16.70 crore).