The company reported standalone net profit of Rs 1,496.16 crore for the quarter ended March 31, 2025 as compared to Rs 1462.03 crore in the same period last year, registering a year-on-year growth of 2.33 per cent.
Net revenue of the company rose moderately by 7.38 per cent at Rs 6,953.13 crore in January-March quarter of this fiscal as against Rs 6,475.27 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 13.06 per cent to Rs 4,905.33 crore from Rs 4,338.88 crore in year ago period.
Other Income grew by 17.51 per cent at Rs 490.78 crore versus (Mar'24 Rs 417.64 crore).
Operating Profit slipped by 4.15 per cent to Rs 2,047.80 crore as against Rs 2,136.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.73 per cent in March quarter.
Interest grew by 203.27 per cent y-o-y to Rs 64.90 crore, while Taxation decreased by 9.38 per cent at Rs 854.51 crore (Mar'24 Rs 943.00 crore).