The company reported standalone net profit of Rs 6,448.28 crore for the quarter ended March 31, 2025 as compared to Rs 9869.37 crore in the same period last year, registering a year-on-year decline of 34.66 per cent.
Net revenue of the company rose marginally by 1.00 per cent at Rs 34,982.23 crore in January-March quarter of this fiscal as against Rs 34,636.69 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.14 per cent to Rs 21,020.87 crore from Rs 18,745.96 crore in year ago period.
Other Income dipped by 43.62 per cent at Rs 2,074.69 crore versus (Mar'24 Rs 3,679.97 crore).
Operating Profit slipped by 12.14 per cent to Rs 13,961.36 crore as against Rs 15,890.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13.01 per cent in March quarter.
Interest grew by 15.00 per cent y-o-y to Rs 1,190.09 crore, while Taxation decreased by 22.46 per cent at Rs 2,319.15 crore (Mar'24 Rs 2,991.01 crore).