The company reported standalone net profit of Rs 8.18 crore for the quarter ended March 31, 2025 as compared to Rs 92.39 crore in the same period last year, registering a year-on-year decline of 91.15 per cent.

Net revenue of the company declined moderately by 13.63 per cent at Rs 864.84 crore in January-March quarter of this fiscal as against Rs 1,001.31 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 3.20 per cent to Rs 812.62 crore from Rs 839.52 crore in year ago period.

Other Income grew by 1627.45 per cent at Rs 8.81 crore versus (Mar'24 Rs 0.51 crore).

Operating Profit slipped by 67.72 per cent to Rs 52.22 crore as against Rs 161.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 62.62 per cent in March quarter.

Interest grew by 50.62 per cent y-o-y to Rs 28.09 crore, while Taxation decreased by 88.74 per cent at Rs 3.61 crore (Mar'24 Rs 32.07 crore).