The company reported standalone net profit of Rs 75.48 crore for the quarter ended March 31, 2025 as compared to Rs 272.98 crore in the same period last year, registering a year-on-year decline of 72.35 per cent.
Net revenue of the company declined moderately by 13.87 per cent at Rs 1,589.53 crore in January-March quarter of this fiscal as against Rs 1,845.60 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.23 per cent to Rs 1,456.63 crore from Rs 1,604.79 crore in year ago period.
Other Income dipped by 88.03 per cent at Rs 18.70 crore versus (Mar'24 Rs 156.23 crore).
Operating Profit slipped by 44.81 per cent to Rs 132.90 crore as against Rs 240.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 35.94 per cent in March quarter.
Interest declined by 3.01 per cent y-o-y to Rs 17.08 crore, while Taxation decreased by 60.72 per cent at Rs 32.86 crore (Mar'24 Rs 83.65 crore).