The company reported standalone net profit of Rs 107.53 crore for the quarter ended March 31, 2025 as compared to Rs 1281.53 crore in the same period last year, registering a year-on-year decline of 91.61 per cent.
Net revenue of the company declined by 5.36 per cent at Rs 13,035.48 crore in January-March quarter of this fiscal as against Rs 13,773.42 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.18 per cent to Rs 10,896.79 crore from Rs 11,254.23 crore in year ago period.
Other Income grew by 240.05 per cent at Rs 51.11 crore versus (Mar'24 Rs 15.03 crore).
Operating Profit slipped by 15.10 per cent to Rs 2,138.69 crore as against Rs 2,519.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.28 per cent in March quarter.
Interest declined by 34.69 per cent y-o-y to Rs 137.07 crore, while Taxation decreased by 86.01 per cent at Rs 67.21 crore (Mar'24 Rs 480.27 crore).