The company reported standalone net profit of Rs 2,682.14 crore for the quarter ended March 31, 2025 as compared to Rs 2251.95 crore in the same period last year, registering a year-on-year growth of 19.10 per cent.
Net revenue of the company rose moderately by 6.71 per cent at Rs 21,134.68 crore in January-March quarter of this fiscal as against Rs 19,805.91 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.68 per cent to Rs 16,525.02 crore from Rs 15,785.71 crore in year ago period.
Other Income dipped by 25.14 per cent at Rs 115.45 crore versus (Mar'24 Rs 154.23 crore).
Operating Profit surged by 14.66 per cent to Rs 4,609.66 crore as against Rs 4,020.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.44 per cent in March quarter.
Interest grew by 76.18 per cent y-o-y to Rs 399.58 crore, while Taxation decreased by 22.15 per cent at Rs 652.40 crore (Mar'24 Rs 837.97 crore).