The company reported standalone net profit of Rs 39.12 crore for the quarter ended March 31, 2025 as compared to Rs 69.60 crore in the same period last year, registering a year-on-year decline of 43.79 per cent.
Net revenue of the company rose substantially by 26.01 per cent at Rs 1,583.81 crore in January-March quarter of this fiscal as against Rs 1,256.92 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 29.16 per cent to Rs 1,381.19 crore from Rs 1,069.34 crore in year ago period.
Other Income dipped by 32.27 per cent at Rs 23.05 crore versus (Mar'24 Rs 34.03 crore).
Operating Profit surged by 8.02 per cent to Rs 202.62 crore as against Rs 187.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.28 per cent in March quarter.
Interest declined by 17.36 per cent y-o-y to Rs 76.09 crore, while Taxation decreased by 73.10 per cent at Rs 11.13 crore (Mar'24 Rs 41.38 crore).