The company reported standalone net profit of Rs 373.34 crore for the quarter ended March 31, 2025 as compared to Rs 433.32 crore in the same period last year, registering a year-on-year decline of 13.84 per cent.
Net revenue of the company declined by 5.31 per cent at Rs 6,345.11 crore in January-March quarter of this fiscal as against Rs 6,700.69 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.65 per cent to Rs 5,955.40 crore from Rs 6,245.62 crore in year ago period.
Other Income dipped by 30.75 per cent at Rs 193.41 crore versus (Mar'24 Rs 279.29 crore).
Operating Profit slipped by 14.36 per cent to Rs 389.71 crore as against Rs 455.07 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.57 per cent in March quarter.
Interest declined by 22.41 per cent y-o-y to Rs 116.97 crore, while Taxation decreased by 42.55 per cent at Rs 83.85 crore (Mar'24 Rs 145.95 crore).