The company reported standalone net profit of Rs 30.72 crore for the quarter ended March 31, 2025 as compared to Rs 61.51 crore in the same period last year, registering a year-on-year decline of 50.06 per cent.
Net revenue of the company declined marginally by 3.40 per cent at Rs 445.99 crore in January-March quarter of this fiscal as against Rs 461.68 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 12.18 per cent to Rs 209.84 crore from Rs 238.95 crore in year ago period.
Other Income grew by 109.33 per cent at Rs 126.98 crore versus (Mar'24 Rs 60.66 crore).
Operating Profit surged by 6.03 per cent to Rs 236.15 crore as against Rs 222.73 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.76 per cent in March quarter.
Interest grew by 132.43 per cent y-o-y to Rs 199.10 crore, while Taxation increased by 787.56 per cent at Rs 29.84 crore (Mar'24 Rs -4.34 crore).