The company reported standalone net profit of Rs 345.63 crore for the quarter ended March 31, 2025 as compared to Rs 389.66 crore in the same period last year, registering a year-on-year decline of 11.30 per cent.
Net revenue of the company declined moderately by 7.11 per cent at Rs 2,163.03 crore in January-March quarter of this fiscal as against Rs 2,328.59 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.37 per cent to Rs 1,546.35 crore from Rs 1,669.43 crore in year ago period.
Other Income grew by 25.93 per cent at Rs 48.08 crore versus (Mar'24 Rs 38.18 crore).
Operating Profit slipped by 6.44 per cent to Rs 616.68 crore as against Rs 659.16 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.71 per cent in March quarter.
Interest declined by 7.21 per cent y-o-y to Rs 58.81 crore, while Taxation increased by 3.88 per cent at Rs 127.84 crore (Mar'24 Rs 123.06 crore).