The company reported standalone net profit of Rs 382.46 crore for the quarter ended March 31, 2025 as compared to Rs 454.17 crore in the same period last year, registering a year-on-year decline of 15.79 per cent.
Net revenue of the company declined marginally by 1.21 per cent at Rs 2,126.59 crore in January-March quarter of this fiscal as against Rs 2,152.69 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.76 per cent to Rs 1,649.67 crore from Rs 1,605.35 crore in year ago period.
Other Income grew by 161.56 per cent at Rs 219.32 crore versus (Mar'24 Rs 83.85 crore).
Operating Profit slipped by 12.86 per cent to Rs 476.92 crore as against Rs 547.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.80 per cent in March quarter.
Interest grew by 3926.05 per cent y-o-y to Rs 162.25 crore, while Taxation decreased by 48.96 per cent at Rs 46.29 crore (Mar'24 Rs 90.69 crore).