The company reported standalone net profit of Rs 36.42 crore for the quarter ended March 31, 2025 as compared to Rs 46.99 crore in the same period last year, registering a year-on-year decline of 22.49 per cent.
Net revenue of the company declined by 0.38 per cent at Rs 1,140.16 crore in January-March quarter of this fiscal as against Rs 1,144.56 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 1.49 per cent to Rs 1,076.86 crore from Rs 1,061.02 crore in year ago period.
Other Income grew by 62.19 per cent at Rs 40.37 crore versus (Mar'24 Rs 24.89 crore).
Operating Profit slipped by 24.24 per cent to Rs 63.30 crore as against Rs 83.55 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.97 per cent in March quarter.
Interest grew by 17.77 per cent y-o-y to Rs 32.60 crore, while Taxation increased by 3.76 per cent at Rs 25.97 crore (Mar'24 Rs 25.03 crore).