The company reported standalone net profit of Rs 46.74 crore for the quarter ended March 31, 2025 as compared to Rs 81.94 crore in the same period last year, registering a year-on-year decline of 42.96 per cent.
Net revenue of the company rose moderately by 8.54 per cent at Rs 589.68 crore in January-March quarter of this fiscal as against Rs 543.29 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 44.64 per cent to Rs 343.00 crore from Rs 237.14 crore in year ago period.
Other Income dipped by 71.30 per cent at Rs 3.16 crore versus (Mar'24 Rs 11.01 crore).
Operating Profit slipped by 19.43 per cent to Rs 246.68 crore as against Rs 306.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.77 per cent in March quarter.
Interest declined by 3.08 per cent y-o-y to Rs 197.53 crore, while Taxation decreased by 95.40 per cent at Rs 1.26 crore (Mar'24 Rs 27.41 crore).