The company reported standalone net profit of Rs 50.06 crore for the quarter ended March 31, 2025 as compared to Rs 369.10 crore in the same period last year, registering a year-on-year decline of 86.44 per cent.

Net revenue of the company declined substantially by 30.47 per cent at Rs 104.41 crore in January-March quarter of this fiscal as against Rs 150.16 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 28.70 per cent to Rs 45.36 crore from Rs 63.62 crore in year ago period.

Other Income dipped by 90.87 per cent at Rs 0.69 crore versus (Mar'24 Rs 7.56 crore).

Operating Profit slipped by 31.77 per cent to Rs 59.05 crore as against Rs 86.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.86 per cent in March quarter.

Interest declined by 48.76 per cent y-o-y to Rs 62.80 crore