The company reported standalone net profit of Rs 1,177.96 crore for the quarter ended March 31, 2025 as compared to Rs 1011.22 crore in the same period last year, registering a year-on-year growth of 16.49 per cent.
Net revenue of the company rose marginally by 4.86 per cent at Rs 29,316.08 crore in January-March quarter of this fiscal as against Rs 27,957.99 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 5.53 per cent to Rs 25,835.38 crore from Rs 24,482.61 crore in year ago period.
Other Income dipped by 14.97 per cent at Rs 300.46 crore versus (Mar'24 Rs 353.36 crore).
Operating Profit surged by 0.15 per cent to Rs 3,480.70 crore as against Rs 3,475.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.51 per cent in March quarter.
Interest grew by 3.45 per cent y-o-y to Rs 664.32 crore, while Taxation increased by 21.64 per cent at Rs 386.02 crore (Mar'24 Rs 317.35 crore).