The company reported standalone net profit of Rs 11,217.00 crore for the quarter ended March 31, 2025 as compared to Rs 11283.00 crore in the same period last year, registering a year-on-year decline of 0.58 per cent.
Net revenue of the company declined moderately by 9.45 per cent at Rs 1,32,962.00 crore in January-March quarter of this fiscal as against Rs 1,46,832.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.07 per cent to Rs 1,17,846.00 crore from Rs 1,26,809.00 crore in year ago period.
Other Income grew by 59.48 per cent at Rs 5,577.00 crore versus (Mar'24 Rs 3,497.00 crore).
Operating Profit slipped by 24.51 per cent to Rs 15,116.00 crore as against Rs 20,023.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.64 per cent in March quarter.
Interest declined by 43.04 per cent y-o-y to Rs 2,058.00 crore, while Taxation decreased by 21.60 per cent at Rs 2,954.00 crore (Mar'24 Rs 3,768.00 crore).