The company reported standalone net profit of Rs 69.65 crore for the quarter ended March 31, 2025 as compared to Rs 86.69 crore in the same period last year, registering a year-on-year decline of 19.66 per cent.
Net revenue of the company rose moderately by 15.65 per cent at Rs 991.82 crore in January-March quarter of this fiscal as against Rs 857.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 21.65 per cent to Rs 882.64 crore from Rs 725.53 crore in year ago period.
Other Income grew by 168.95 per cent at Rs 20.44 crore versus (Mar'24 Rs 7.60 crore).
Operating Profit slipped by 17.34 per cent to Rs 109.18 crore as against Rs 132.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 28.51 per cent in March quarter.
Interest grew by 54.44 per cent y-o-y to Rs 20.54 crore, while Taxation decreased by 12.23 per cent at Rs 23.97 crore (Mar'24 Rs 27.31 crore).