The company reported standalone net profit of Rs 71.37 crore for the quarter ended March 31, 2025 as compared to Rs 161.24 crore in the same period last year, registering a year-on-year decline of 55.74 per cent.
Net revenue of the company rose moderately by 16.03 per cent at Rs 1,198.23 crore in January-March quarter of this fiscal as against Rs 1,032.72 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 16.90 per cent to Rs 971.50 crore from Rs 831.05 crore in year ago period.
Other Income dipped by 50.02 per cent at Rs 13.51 crore versus (Mar'24 Rs 27.03 crore).
Operating Profit surged by 12.43 per cent to Rs 226.73 crore as against Rs 201.67 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.12 per cent in March quarter.
Interest grew by 78.38 per cent y-o-y to Rs 1.32 crore, while Taxation increased by 184.91 per cent at Rs 153.85 crore (Mar'24 Rs 54.00 crore).