The company reported standalone net profit of Rs 58.40 crore for the quarter ended March 31, 2025 as compared to Rs 21.12 crore in the same period last year, registering a year-on-year growth of 176.52 per cent.
Net revenue of the company declined marginally by 1.70 per cent at Rs 1,906.71 crore in January-March quarter of this fiscal as against Rs 1,939.73 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.24 per cent to Rs 1,833.31 crore from Rs 1,914.53 crore in year ago period.
Other Income grew by 8.10 per cent at Rs 55.95 crore versus (Mar'24 Rs 51.76 crore).
Operating Profit surged by 191.27 per cent to Rs 73.40 crore as against Rs 25.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 196.15 per cent in March quarter.
Interest declined by 43.06 per cent y-o-y to Rs 4.06 crore, while Taxation increased by 746.19 per cent at Rs 18.87 crore (Mar'24 Rs 2.23 crore).