The company reported standalone net profit of Rs 32.87 crore for the quarter ended March 31, 2025 as compared to Rs 36.91 crore in the same period last year, registering a year-on-year decline of 10.95 per cent.
Net revenue of the company rose moderately by 16.73 per cent at Rs 206.13 crore in January-March quarter of this fiscal as against Rs 176.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 19.22 per cent to Rs 165.75 crore from Rs 139.03 crore in year ago period.
Other Income dipped by 43.05 per cent at Rs 8.65 crore versus (Mar'24 Rs 15.19 crore).
Operating Profit surged by 7.54 per cent to Rs 40.38 crore as against Rs 37.55 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.90 per cent in March quarter.
Interest declined by 52.94 per cent y-o-y to Rs 0.08 crore, while Taxation decreased by 9.07 per cent at Rs 11.43 crore (Mar'24 Rs 12.57 crore).