The company reported standalone net profit of Rs 47.10 crore for the quarter ended March 31, 2025 as compared to Rs 161.51 crore in the same period last year, registering a year-on-year decline of 70.84 per cent.
Net revenue of the company declined by 5.09 per cent at Rs 3,189.06 crore in January-March quarter of this fiscal as against Rs 3,359.97 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.37 per cent to Rs 3,125.81 crore from Rs 3,114.25 crore in year ago period.
Other Income dipped by 18.38 per cent at Rs 20.16 crore versus (Mar'24 Rs 24.70 crore).
Operating Profit slipped by 74.26 per cent to Rs 63.25 crore as against Rs 245.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 72.91 per cent in March quarter.
Interest grew by 28.73 per cent y-o-y to Rs 3.54 crore, while Taxation decreased by 70.24 per cent at Rs 17.23 crore (Mar'24 Rs 57.90 crore).