The company reported standalone net profit of Rs 190.75 crore for the quarter ended March 31, 2025 as compared to Rs 218.66 crore in the same period last year, registering a year-on-year decline of 12.76 per cent.
Net revenue of the company declined moderately by 12.03 per cent at Rs 1,562.55 crore in January-March quarter of this fiscal as against Rs 1,776.30 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.06 per cent to Rs 1,387.72 crore from Rs 1,493.12 crore in year ago period.
Other Income grew by 7.95 per cent at Rs 38.16 crore versus (Mar'24 Rs 35.35 crore).
Operating Profit slipped by 38.26 per cent to Rs 174.83 crore as against Rs 283.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29.80 per cent in March quarter.
Interest declined by 33.64 per cent y-o-y to Rs 30.59 crore, while Taxation decreased by 271.10 per cent at Rs -41.39 crore (Mar'24 Rs 24.19 crore).