The company reported standalone net profit of Rs 54.58 crore for the quarter ended March 31, 2025 as compared to Rs 71.08 crore in the same period last year, registering a year-on-year decline of 23.21 per cent.
Net revenue of the company declined substantially by 36.91 per cent at Rs 198.46 crore in January-March quarter of this fiscal as against Rs 314.57 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 46.39 per cent to Rs 117.53 crore from Rs 219.24 crore in year ago period.
Other Income dipped by 52.65 per cent at Rs 4.29 crore versus (Mar'24 Rs 9.06 crore).
Operating Profit slipped by 15.11 per cent to Rs 80.93 crore as against Rs 95.33 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 34.59 per cent in March quarter.
Interest grew by 35.54 per cent y-o-y to Rs 11.25 crore, while Taxation decreased by 24.81 per cent at Rs 17.55 crore (Mar'24 Rs 23.34 crore).