The company reported standalone net profit of Rs 110.90 crore for the quarter ended March 31, 2025 as compared to Rs 294.10 crore in the same period last year, registering a year-on-year decline of 62.29 per cent.
Net revenue of the company rose substantially by 29.74 per cent at Rs 1,589.00 crore in January-March quarter of this fiscal as against Rs 1,224.80 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 38.44 per cent to Rs 1,476.10 crore from Rs 1,066.20 crore in year ago period.
Other Income dipped by 59.71 per cent at Rs 88.00 crore versus (Mar'24 Rs 218.40 crore).
Operating Profit slipped by 28.81 per cent to Rs 112.90 crore as against Rs 158.60 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 45.10 per cent in March quarter.
Interest declined by 13.95 per cent y-o-y to Rs 18.50 crore, while Taxation increased by 12.59 per cent at Rs 30.40 crore (Mar'24 Rs 27.00 crore).