The company reported standalone net profit of Rs 144.37 crore for the quarter ended June 30, 2025 as compared to Rs 184.08 crore in the same period last year, registering a year-on-year decline of 21.57 per cent.
Net revenue of the company declined marginally by 3.71 per cent at Rs 892.10 crore in April-June quarter of this fiscal as against Rs 926.46 crore in the corresponding period last year.
During April-June quarter, operating expenses increased by 4.63 per cent to Rs 705.39 crore from Rs 674.19 crore in year ago period.
Other Income grew by 19.92 per cent at Rs 38.47 crore versus (Jun'24 Rs 32.08 crore).
Operating Profit slipped by 25.99 per cent to Rs 186.71 crore as against Rs 252.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.14 per cent in June quarter.
Interest declined by 6.75 per cent y-o-y to Rs 4.56 crore, while Taxation decreased by 23.92 per cent at Rs 51.98 crore (Jun'24 Rs 68.32 crore).