The company reported standalone net profit of Rs 1,089.80 crore for the quarter ended March 31, 2025 as compared to Rs 443.52 crore in the same period last year, registering a year-on-year growth of 145.72 per cent.
Net revenue of the company declined marginally by 1.97 per cent at Rs 4,692.34 crore in January-March quarter of this fiscal as against Rs 4,786.59 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.71 per cent to Rs 3,764.73 crore from Rs 3,830.27 crore in year ago period.
Other Income grew by 14.09 per cent at Rs 178.92 crore versus (Mar'24 Rs 156.83 crore).
Operating Profit slipped by 3.00 per cent to Rs 927.61 crore as against Rs 956.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.05 per cent in March quarter.
Interest declined by 8.21 per cent y-o-y to Rs 187.29 crore, while Taxation decreased by 351.38 per cent at Rs -445.55 crore (Mar'24 Rs 177.24 crore).