The company reported standalone net profit of Rs 49.12 crore for the quarter ended March 31, 2025 as compared to Rs 65.15 crore in the same period last year, registering a year-on-year decline of 24.60 per cent.
Net revenue of the company declined moderately by 17.12 per cent at Rs 788.81 crore in January-March quarter of this fiscal as against Rs 951.76 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 16.82 per cent to Rs 731.97 crore from Rs 880.01 crore in year ago period.
Other Income dipped by 15.58 per cent at Rs 33.66 crore versus (Mar'24 Rs 39.87 crore).
Operating Profit slipped by 20.78 per cent to Rs 56.84 crore as against Rs 71.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.38 per cent in March quarter.
Taxation decreased by 35.93 per cent at Rs 13.55 crore (Mar'24 Rs 21.15 crore).