The company reported standalone net profit of Rs 58.31 crore for the quarter ended March 31, 2025 as compared to Rs 59.64 crore in the same period last year, registering a year-on-year decline of 2.23 per cent.
Net revenue of the company rose moderately by 13.54 per cent at Rs 321.77 crore in January-March quarter of this fiscal as against Rs 283.39 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 18.91 per cent to Rs 232.21 crore from Rs 195.28 crore in year ago period.
Other Income dipped by 16.41 per cent at Rs 11.56 crore versus (Mar'24 Rs 13.83 crore).
Operating Profit surged by 1.65 per cent to Rs 89.56 crore as against Rs 88.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.49 per cent in March quarter.
Interest grew by 34.10 per cent y-o-y to Rs 2.91 crore, while Taxation decreased by 6.13 per cent at Rs 21.27 crore (Mar'24 Rs 22.66 crore).