The company reported standalone net profit of Rs 70.08 crore for the quarter ended March 31, 2025 as compared to Rs 64.98 crore in the same period last year, registering a year-on-year growth of 7.85 per cent.
Net revenue of the company declined moderately by 6.01 per cent at Rs 575.70 crore in January-March quarter of this fiscal as against Rs 612.53 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.75 per cent to Rs 465.49 crore from Rs 499.21 crore in year ago period.
Other Income dipped by 9.78 per cent at Rs 9.41 crore versus (Mar'24 Rs 10.43 crore).
Operating Profit slipped by 2.74 per cent to Rs 110.21 crore as against Rs 113.32 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.46 per cent in March quarter.
Interest declined by 34.07 per cent y-o-y to Rs 12.87 crore, while Taxation decreased by 102.40 per cent at Rs -0.61 crore (Mar'24 Rs 25.45 crore).