The company reported standalone net profit of Rs 32.14 crore for the quarter ended March 31, 2025 as compared to Rs 4224.18 crore in the same period last year, registering a year-on-year decline of 99.24 per cent.
Net revenue of the company declined substantially by 99.05 per cent at Rs 1,111.79 crore in January-March quarter of this fiscal as against Rs 1,16,555.12 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 99.04 per cent to Rs 1,034.14 crore from Rs 1,07,342.07 crore in year ago period.
Other Income dipped by 98.31 per cent at Rs 7.93 crore versus (Mar'24 Rs 469.11 crore).
Operating Profit slipped by 99.16 per cent to Rs 77.65 crore as against Rs 9,213.05 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.65 per cent in March quarter.
Interest declined by 98.96 per cent y-o-y to Rs 5.47 crore, while Taxation decreased by 99.26 per cent at Rs 10.48 crore (Mar'24 Rs 1,419.18 crore).