The company reported standalone net profit of Rs 19,561.57 crore for the quarter ended March 31, 2025 as compared to Rs 5020.20 crore in the same period last year, registering a year-on-year growth of 289.66 per cent.
Net revenue of the company rose marginally by 3.79 per cent at Rs 17,020.32 crore in January-March quarter of this fiscal as against Rs 16,398.14 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.11 per cent to Rs 11,261.82 crore from Rs 10,416.65 crore in year ago period.
Other Income dipped by 0.39 per cent at Rs 795.45 crore versus (Mar'24 Rs 798.59 crore).
Operating Profit slipped by 2.86 per cent to Rs 5,986.39 crore as against Rs 6,162.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.41 per cent in March quarter.
Interest declined by 29.79 per cent y-o-y to Rs 8.51 crore, while Taxation increased by 2.03 per cent at Rs 1,542.14 crore (Mar'24 Rs 1,511.50 crore).