The company reported standalone net profit of Rs 39.51 crore for the quarter ended March 31, 2025 as compared to Rs 50.08 crore in the same period last year, registering a year-on-year decline of 21.11 per cent.
Net revenue of the company declined marginally by 1.88 per cent at Rs 560.40 crore in January-March quarter of this fiscal as against Rs 571.13 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 0.10 per cent to Rs 496.51 crore from Rs 497.01 crore in year ago period.
Other Income grew by 5.31 per cent at Rs 18.44 crore versus (Mar'24 Rs 17.51 crore).
Operating Profit slipped by 13.80 per cent to Rs 63.89 crore as against Rs 74.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.17 per cent in March quarter.
Interest grew by 21.99 per cent y-o-y to Rs 12.04 crore, while Taxation decreased by 7.96 per cent at Rs 10.75 crore (Mar'24 Rs 11.68 crore).