The company reported standalone net profit of Rs 97.33 crore for the quarter ended March 31, 2025 as compared to Rs 181.75 crore in the same period last year, registering a year-on-year decline of 46.45 per cent.

Net revenue of the company declined moderately by 15.66 per cent at Rs 4,456.51 crore in January-March quarter of this fiscal as against Rs 5,284.24 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 13.88 per cent to Rs 4,222.19 crore from Rs 4,902.42 crore in year ago period.

Other Income dipped by 4.98 per cent at Rs 24.97 crore versus (Mar'24 Rs 26.28 crore).

Operating Profit slipped by 38.63 per cent to Rs 234.32 crore as against Rs 381.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 27.25 per cent in March quarter.

Interest declined by 53.04 per cent y-o-y to Rs 34.71 crore, while Taxation decreased by 46.39 per cent at Rs 32.55 crore (Mar'24 Rs 60.72 crore).