The company reported standalone net profit of Rs 29.98 crore for the quarter ended March 31, 2025 as compared to Rs 40.36 crore in the same period last year, registering a year-on-year decline of 25.72 per cent.
Net revenue of the company rose substantially by 28.68 per cent at Rs 421.92 crore in January-March quarter of this fiscal as against Rs 327.88 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 25.85 per cent to Rs 351.41 crore from Rs 279.24 crore in year ago period.
Other Income dipped by 89.28 per cent at Rs 3.37 crore versus (Mar'24 Rs 31.44 crore).
Operating Profit surged by 44.96 per cent to Rs 70.51 crore as against Rs 48.64 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 12.60 per cent in March quarter.
Interest grew by 38.42 per cent y-o-y to Rs 18.88 crore, while Taxation decreased by 68.99 per cent at Rs 3.74 crore (Mar'24 Rs 12.06 crore).