The company reported standalone net profit of Rs 218.21 crore for the quarter ended March 31, 2025 as compared to Rs 285.68 crore in the same period last year, registering a year-on-year decline of 23.62 per cent.
Net revenue of the company declined moderately by 11.11 per cent at Rs 3,243.45 crore in January-March quarter of this fiscal as against Rs 3,648.98 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 8.74 per cent to Rs 3,105.19 crore from Rs 3,402.44 crore in year ago period.
Other Income dipped by 11.05 per cent at Rs 131.30 crore versus (Mar'24 Rs 147.61 crore).
Operating Profit slipped by 43.92 per cent to Rs 138.26 crore as against Rs 246.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 36.98 per cent in March quarter.
Interest declined by 1.92 per cent y-o-y to Rs 2.04 crore, while Taxation decreased by 59.04 per cent at Rs 39.81 crore (Mar'24 Rs 97.19 crore).