The company reported standalone net profit of Rs 133.91 crore for the quarter ended June 30, 2025 as compared to Rs 297.33 crore in the same period last year, registering a year-on-year decline of 54.96 per cent.

Net revenue of the company declined moderately by 19.89 per cent at Rs 1,117.01 crore in April-June quarter of this fiscal as against Rs 1,394.43 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 10.33 per cent to Rs 826.44 crore from Rs 921.63 crore in year ago period.

Other Income dipped by 34.60 per cent at Rs 3.27 crore versus (Jun'24 Rs 5.00 crore).

Operating Profit slipped by 38.54 per cent to Rs 290.57 crore as against Rs 472.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.30 per cent in June quarter.

Interest grew by 48.64 per cent y-o-y to Rs 82.85 crore, while Taxation decreased by 52.64 per cent at Rs 48.68 crore (Jun'24 Rs 102.79 crore).