The company reported standalone net profit of Rs 208.04 crore for the quarter ended March 31, 2025 as compared to Rs 160.41 crore in the same period last year, registering a year-on-year growth of 29.69 per cent.
Net revenue of the company declined substantially by 27.72 per cent at Rs 618.78 crore in January-March quarter of this fiscal as against Rs 856.10 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 26.12 per cent to Rs 473.53 crore from Rs 640.97 crore in year ago period.
Other Income grew by 4.95 per cent at Rs 65.04 crore versus (Mar'24 Rs 61.97 crore).
Operating Profit slipped by 32.48 per cent to Rs 145.25 crore as against Rs 215.13 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.61 per cent in March quarter.
Interest declined by 50.62 per cent y-o-y to Rs 20.46 crore, while Taxation decreased by 170.07 per cent at Rs -38.65 crore (Mar'24 Rs 55.16 crore).