The company reported standalone net profit of Rs 290.00 crore for the quarter ended March 31, 2025 as compared to Rs 321.41 crore in the same period last year, registering a year-on-year decline of 9.77 per cent.
Net revenue of the company declined moderately by 12.30 per cent at Rs 1,030.35 crore in January-March quarter of this fiscal as against Rs 1,174.83 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 14.25 per cent to Rs 636.23 crore from Rs 742.00 crore in year ago period.
Other Income dipped by 6.90 per cent at Rs 43.72 crore versus (Mar'24 Rs 46.96 crore).
Operating Profit slipped by 8.94 per cent to Rs 394.12 crore as against Rs 432.83 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.83 per cent in March quarter.
Interest declined by 23.84 per cent y-o-y to Rs 3.45 crore, while Taxation decreased by 8.95 per cent at Rs 101.32 crore (Mar'24 Rs 111.28 crore).