The company reported standalone net profit of Rs 94.98 crore for the quarter ended June 30, 2025 as compared to Rs 250.69 crore in the same period last year, registering a year-on-year decline of 62.11 per cent.

Net revenue of the company declined substantially by 28.02 per cent at Rs 198.43 crore in April-June quarter of this fiscal as against Rs 275.67 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 1092.55 per cent to Rs 64.04 crore from Rs 5.37 crore in year ago period.

Operating Profit slipped by 50.28 per cent to Rs 134.39 crore as against Rs 270.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 30.93 per cent in June quarter.

Interest grew by 99.31 per cent y-o-y to Rs 37.53 crore, while Taxation increased by 139.74 per cent at Rs 1.87 crore (Jun'24 Rs 0.78 crore).