The company reported standalone net profit of Rs 61.30 crore for the quarter ended March 31, 2025 as compared to Rs 94.25 crore in the same period last year, registering a year-on-year decline of 34.96 per cent.
Net revenue of the company rose marginally by 4.71 per cent at Rs 686.81 crore in January-March quarter of this fiscal as against Rs 655.93 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.41 per cent to Rs 606.90 crore from Rs 539.88 crore in year ago period.
Other Income dipped by 36.57 per cent at Rs 9.28 crore versus (Mar'24 Rs 14.63 crore).
Operating Profit slipped by 28.34 per cent to Rs 92.29 crore as against Rs 128.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 31.53 per cent in March quarter.
Interest declined by 5.88 per cent y-o-y to Rs 0.16 crore, while Taxation decreased by 34.57 per cent at Rs 19.53 crore (Mar'24 Rs 29.85 crore).