The company reported standalone net profit of Rs 36.85 crore for the quarter ended March 31, 2025 as compared to Rs 73.46 crore in the same period last year, registering a year-on-year decline of 49.84 per cent.
Net revenue of the company declined substantially by 23.43 per cent at Rs 658.26 crore in January-March quarter of this fiscal as against Rs 859.70 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 25.95 per cent to Rs 549.29 crore from Rs 741.80 crore in year ago period.
Other Income dipped by 82.02 per cent at Rs 4.44 crore versus (Mar'24 Rs 24.69 crore).
Operating Profit slipped by 7.57 per cent to Rs 108.97 crore as against Rs 117.90 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 20.71 per cent in March quarter.
Interest grew by 138.86 per cent y-o-y to Rs 9.22 crore, while Taxation decreased by 59.30 per cent at Rs 17.48 crore (Mar'24 Rs 42.95 crore).