The company reported standalone net profit of Rs 83.89 crore for the quarter ended March 31, 2025 as compared to Rs 111.31 crore in the same period last year, registering a year-on-year decline of 24.63 per cent.
Net revenue of the company declined marginally by 1.54 per cent at Rs 571.76 crore in January-March quarter of this fiscal as against Rs 580.71 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.43 per cent to Rs 426.12 crore from Rs 432.28 crore in year ago period.
Other Income dipped by 67.56 per cent at Rs 11.07 crore versus (Mar'24 Rs 34.12 crore).
Operating Profit slipped by 1.89 per cent to Rs 145.63 crore as against Rs 148.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.35 per cent in March quarter.
Interest grew by 9.73 per cent y-o-y to Rs 4.40 crore, while Taxation decreased by 5.74 per cent at Rs 27.76 crore (Mar'24 Rs 29.45 crore).