The company reported standalone net profit of Rs 302.14 crore for the quarter ended March 31, 2025 as compared to Rs 294.54 crore in the same period last year, registering a year-on-year growth of 2.58 per cent.
Net revenue of the company declined marginally by 1.56 per cent at Rs 2,281.37 crore in January-March quarter of this fiscal as against Rs 2,317.63 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 1.05 per cent to Rs 1,847.91 crore from Rs 1,828.62 crore in year ago period.
Other Income grew by 52.87 per cent at Rs 143.19 crore versus (Mar'24 Rs 93.67 crore).
Operating Profit slipped by 11.36 per cent to Rs 433.46 crore as against Rs 489.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.95 per cent in March quarter.
Interest declined by 12.53 per cent y-o-y to Rs 16.62 crore, while Taxation increased by 0.95 per cent at Rs 102.71 crore (Mar'24 Rs 101.74 crore).