The company reported standalone net profit of Rs 28.48 crore for the quarter ended March 31, 2025 as compared to Rs 55.09 crore in the same period last year, registering a year-on-year decline of 48.30 per cent.
Net revenue of the company declined moderately by 11.95 per cent at Rs 714.27 crore in January-March quarter of this fiscal as against Rs 811.21 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.04 per cent to Rs 654.99 crore from Rs 720.06 crore in year ago period.
Other Income dipped by 67.30 per cent at Rs 4.85 crore versus (Mar'24 Rs 14.83 crore).
Operating Profit slipped by 34.96 per cent to Rs 59.28 crore as against Rs 91.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.16 per cent in March quarter.
Interest grew by 99.16 per cent y-o-y to Rs 7.09 crore, while Taxation decreased by 144.64 per cent at Rs -10.57 crore (Mar'24 Rs 23.68 crore).