The company reported standalone net profit of Rs 38.42 crore for the quarter ended March 31, 2025 as compared to Rs 165.03 crore in the same period last year, registering a year-on-year decline of 76.72 per cent.
Net revenue of the company declined moderately by 17.84 per cent at Rs 1,138.33 crore in January-March quarter of this fiscal as against Rs 1,385.51 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 34.48 per cent to Rs 461.39 crore from Rs 704.21 crore in year ago period.
Other Income dipped by 81.36 per cent at Rs 2.35 crore versus (Mar'24 Rs 12.61 crore).
Operating Profit slipped by 0.64 per cent to Rs 676.94 crore as against Rs 681.30 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 20.95 per cent in March quarter.
Interest grew by 22.17 per cent y-o-y to Rs 591.67 crore, while Taxation increased by 69.99 per cent at Rs 11.78 crore (Mar'24 Rs 6.93 crore).