The company reported standalone net profit of Rs 97.46 crore for the quarter ended March 31, 2025 as compared to Rs 164.57 crore in the same period last year, registering a year-on-year decline of 40.78 per cent.
Net revenue of the company rose moderately by 9.39 per cent at Rs 631.81 crore in January-March quarter of this fiscal as against Rs 577.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.16 per cent to Rs 436.84 crore from Rs 411.50 crore in year ago period.
Other Income grew by 10.53 per cent at Rs 27.30 crore versus (Mar'24 Rs 24.70 crore).
Operating Profit surged by 17.40 per cent to Rs 194.97 crore as against Rs 166.08 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.34 per cent in March quarter.
Interest grew by 19.84 per cent y-o-y to Rs 24.34 crore, while Taxation increased by 158.99 per cent at Rs 30.52 crore (Mar'24 Rs -51.74 crore).