The company reported standalone net profit of Rs 17.39 crore for the quarter ended March 31, 2025 as compared to Rs 30.42 crore in the same period last year, registering a year-on-year decline of 42.83 per cent.

Net revenue of the company declined moderately by 10.72 per cent at Rs 1,113.54 crore in January-March quarter of this fiscal as against Rs 1,247.20 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 10.44 per cent to Rs 1,050.59 crore from Rs 1,173.09 crore in year ago period.

Other Income grew by 110.10 per cent at Rs 8.11 crore versus (Mar'24 Rs 3.86 crore).

Operating Profit slipped by 18.95 per cent to Rs 68.32 crore as against Rs 84.29 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.17 per cent in March quarter.

Interest grew by 5.58 per cent y-o-y to Rs 33.30 crore, while Taxation decreased by 11.91 per cent at Rs 12.57 crore (Mar'24 Rs 14.27 crore).