The company reported standalone net profit of Rs 177.39 crore for the quarter ended March 31, 2025 as compared to Rs 241.77 crore in the same period last year, registering a year-on-year decline of 26.63 per cent.
Net revenue of the company rose moderately by 7.96 per cent at Rs 658.70 crore in January-March quarter of this fiscal as against Rs 610.11 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 17.88 per cent to Rs 484.09 crore from Rs 410.68 crore in year ago period.
Other Income dipped by 28.76 per cent at Rs 98.15 crore versus (Mar'24 Rs 137.77 crore).
Operating Profit slipped by 12.45 per cent to Rs 174.61 crore as against Rs 199.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.90 per cent in March quarter.
Interest declined by 36.02 per cent y-o-y to Rs 9.43 crore, while Taxation increased by 2.03 per cent at Rs 49.84 crore (Mar'24 Rs 48.85 crore).