The company reported standalone net profit of Rs 9.30 crore for the quarter ended March 31, 2025 as compared to Rs 9.89 crore in the same period last year, registering a year-on-year decline of 5.97 per cent.
Net revenue of the company rose moderately by 8.96 per cent at Rs 138.76 crore in January-March quarter of this fiscal as against Rs 127.35 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 23.75 per cent to Rs 46.85 crore from Rs 37.86 crore in year ago period.
Other Income grew by 37.19 per cent at Rs 2.73 crore versus (Mar'24 Rs 1.99 crore).
Operating Profit surged by 2.70 per cent to Rs 91.91 crore as against Rs 89.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.74 per cent in March quarter.
Interest grew by 5.31 per cent y-o-y to Rs 80.13 crore, while Taxation decreased by 14.75 per cent at Rs 3.18 crore (Mar'24 Rs 3.73 crore).