The company reported standalone net profit of Rs 17.79 crore for the quarter ended June 30, 2025 as compared to Rs 30.97 crore in the same period last year, registering a year-on-year decline of 42.56 per cent.

Net revenue of the company declined moderately by 9.89 per cent at Rs 493.84 crore in April-June quarter of this fiscal as against Rs 548.07 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 7.74 per cent to Rs 454.02 crore from Rs 492.13 crore in year ago period.

Other Income dipped by 49.36 per cent at Rs 3.18 crore versus (Jun'24 Rs 6.28 crore).

Operating Profit slipped by 27.88 per cent to Rs 44.57 crore as against Rs 61.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.95 per cent in June quarter.

Interest declined by 5.41 per cent y-o-y to Rs 10.32 crore, while Taxation decreased by 42.20 per cent at Rs 9.48 crore (Jun'24 Rs 16.40 crore).