The company reported standalone net profit of Rs 30.99 crore for the quarter ended March 31, 2025 as compared to Rs 121.39 crore in the same period last year, registering a year-on-year decline of 74.47 per cent.
Net revenue of the company declined moderately by 10.52 per cent at Rs 2,391.95 crore in January-March quarter of this fiscal as against Rs 2,673.30 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 8.21 per cent to Rs 2,071.05 crore from Rs 2,256.21 crore in year ago period.
Other Income dipped by 7.50 per cent at Rs 12.95 crore versus (Mar'24 Rs 14.00 crore).
Operating Profit slipped by 23.06 per cent to Rs 320.90 crore as against Rs 417.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13.97 per cent in March quarter.
Interest grew by 9.22 per cent y-o-y to Rs 113.33 crore, while Taxation decreased by 55.31 per cent at Rs 18.27 crore (Mar'24 Rs 40.88 crore).