The company reported standalone net profit of Rs 346.63 crore for the quarter ended March 31, 2025 as compared to Rs 353.93 crore in the same period last year, registering a year-on-year decline of 2.06 per cent.
Net revenue of the company rose marginally by 3.90 per cent at Rs 9,306.41 crore in January-March quarter of this fiscal as against Rs 8,957.25 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 5.88 per cent to Rs 10,515.89 crore from Rs 11,172.53 crore in year ago period.
Other Income grew by 120.80 per cent at Rs 76.00 crore versus (Mar'24 Rs 34.42 crore).
Operating Profit slipped by 7.35 per cent to Rs 449.87 crore as against Rs 485.57 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.89 per cent in March quarter.
Taxation increased by 7.94 per cent at Rs 179.24 crore (Mar'24 Rs 166.06 crore).