The company reported standalone net profit of Rs 32.69 crore for the quarter ended March 31, 2025 as compared to Rs 91.40 crore in the same period last year, registering a year-on-year decline of 64.23 per cent.
Net revenue of the company declined by 5.93 per cent at Rs 1,266.62 crore in January-March quarter of this fiscal as against Rs 1,346.44 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.48 per cent to Rs 1,204.28 crore from Rs 1,234.95 crore in year ago period.
Other Income dipped by 31.29 per cent at Rs 25.61 crore versus (Mar'24 Rs 37.27 crore).
Operating Profit slipped by 44.08 per cent to Rs 62.34 crore as against Rs 111.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 40.58 per cent in March quarter.
Interest grew by 84.52 per cent y-o-y to Rs 6.20 crore, while Taxation decreased by 26.96 per cent at Rs 17.31 crore (Mar'24 Rs 23.70 crore).