The company reported standalone net profit of Rs 409.11 crore for the quarter ended March 31, 2025 as compared to Rs 846.11 crore in the same period last year, registering a year-on-year decline of 51.65 per cent.
Net revenue of the company rose substantially by 20.25 per cent at Rs 5,964.88 crore in January-March quarter of this fiscal as against Rs 4,960.57 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.88 per cent to Rs 4,748.22 crore from Rs 4,206.40 crore in year ago period.
Other Income dipped by 70.58 per cent at Rs 207.51 crore versus (Mar'24 Rs 705.28 crore).
Operating Profit surged by 61.32 per cent to Rs 1,216.66 crore as against Rs 754.17 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 34.21 per cent in March quarter.
Interest declined by 5.43 per cent y-o-y to Rs 509.54 crore, while Taxation decreased by 99.69 per cent at Rs -0.25 crore (Mar'24 Rs -80.62 crore).