The company reported standalone net profit of Rs 4,275.39 crore for the quarter ended March 31, 2025 as compared to Rs 776.71 crore in the same period last year, registering a year-on-year growth of 450.45 per cent.
Net revenue of the company declined substantially by 33.07 per cent at Rs 6,164.55 crore in January-March quarter of this fiscal as against Rs 9,210.18 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 31.78 per cent to Rs 5,645.31 crore from Rs 8,274.97 crore in year ago period.
Other Income grew by 42.64 per cent at Rs 494.21 crore versus (Mar'24 Rs 346.48 crore).
Operating Profit slipped by 44.48 per cent to Rs 519.24 crore as against Rs 935.21 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.04 per cent in March quarter.
Interest grew by 63.40 per cent y-o-y to Rs 339.58 crore, while Taxation decreased by 12.89 per cent at Rs 227.54 crore (Mar'24 Rs 261.20 crore).