The company reported standalone net profit of Rs 362.18 crore for the quarter ended March 31, 2025 as compared to Rs 398.77 crore in the same period last year, registering a year-on-year decline of 9.18 per cent.
Net revenue of the company declined marginally by 1.95 per cent at Rs 909.01 crore in January-March quarter of this fiscal as against Rs 927.12 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 15.20 per cent to Rs 482.16 crore from Rs 418.55 crore in year ago period.
Other Income grew by 74.34 per cent at Rs 226.85 crore versus (Mar'24 Rs 130.12 crore).
Operating Profit slipped by 16.07 per cent to Rs 426.85 crore as against Rs 508.57 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.38 per cent in March quarter.
Interest grew by 233.77 per cent y-o-y to Rs 2.57 crore, while Taxation decreased by 24.06 per cent at Rs 102.93 crore (Mar'24 Rs 135.54 crore).