The company reported standalone net profit of Rs 116.31 crore for the quarter ended March 31, 2025 as compared to Rs 95.39 crore in the same period last year, registering a year-on-year growth of 21.93 per cent.
Net revenue of the company declined moderately by 8.94 per cent at Rs 1,072.15 crore in January-March quarter of this fiscal as against Rs 1,177.39 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 10.55 per cent to Rs 889.03 crore from Rs 993.84 crore in year ago period.
Other Income grew by 245.10 per cent at Rs 11.63 crore versus (Mar'24 Rs 3.37 crore).
Operating Profit slipped by 0.23 per cent to Rs 183.12 crore as against Rs 183.55 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.56 per cent in March quarter.
Interest declined by 27.81 per cent y-o-y to Rs 5.45 crore, while Taxation decreased by 15.40 per cent at Rs 42.20 crore (Mar'24 Rs 49.88 crore).