The company reported standalone net profit of Rs 18.36 crore for the quarter ended March 31, 2025 as compared to Rs 31.73 crore in the same period last year, registering a year-on-year decline of 42.14 per cent.
Net revenue of the company declined marginally by 3.50 per cent at Rs 216.42 crore in January-March quarter of this fiscal as against Rs 224.26 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 7.06 per cent to Rs 188.73 crore from Rs 176.29 crore in year ago period.
Other Income grew by 60.55 per cent at Rs 5.25 crore versus (Mar'24 Rs 3.27 crore).
Operating Profit slipped by 42.26 per cent to Rs 27.70 crore as against Rs 47.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 40.16 per cent in March quarter.
Interest grew by 766.67 per cent y-o-y to Rs 0.52 crore, while Taxation decreased by 38.68 per cent at Rs 6.88 crore (Mar'24 Rs 11.22 crore).