The company reported standalone net profit of Rs 474.25 crore for the quarter ended March 31, 2025 as compared to Rs 529.07 crore in the same period last year, registering a year-on-year decline of 10.36 per cent.
Net revenue of the company declined moderately by 10.52 per cent at Rs 4,401.10 crore in January-March quarter of this fiscal as against Rs 4,918.80 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 10.92 per cent to Rs 3,593.12 crore from Rs 4,033.55 crore in year ago period.
Other Income dipped by 44.60 per cent at Rs 48.36 crore versus (Mar'24 Rs 87.30 crore).
Operating Profit slipped by 8.73 per cent to Rs 807.98 crore as against Rs 885.25 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.00 per cent in March quarter.
Interest declined by 30.54 per cent y-o-y to Rs 99.14 crore, while Taxation decreased by 11.14 per cent at Rs 161.06 crore (Mar'24 Rs 181.26 crore).