The company reported standalone net profit of Rs 151.91 crore for the quarter ended March 31, 2025 as compared to Rs 184.59 crore in the same period last year, registering a year-on-year decline of 17.70 per cent.

Net revenue of the company declined by 0.94 per cent at Rs 1,078.68 crore in January-March quarter of this fiscal as against Rs 1,088.94 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 3.12 per cent to Rs 940.99 crore from Rs 971.34 crore in year ago period.

Other Income dipped by 39.50 per cent at Rs 57.39 crore versus (Mar'24 Rs 94.86 crore).

Operating Profit surged by 11.13 per cent to Rs 177.06 crore as against Rs 159.32 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 12.17 per cent in March quarter.

Interest declined by 20.98 per cent y-o-y to Rs 4.82 crore, while Taxation increased by 27.93 per cent at Rs 54.96 crore (Mar'24 Rs 42.96 crore).