The company reported standalone net profit of Rs 19.09 crore for the quarter ended March 31, 2025 as compared to Rs 22.65 crore in the same period last year, registering a year-on-year decline of 15.72 per cent.
Net revenue of the company rose substantially by 26.54 per cent at Rs 176.26 crore in January-March quarter of this fiscal as against Rs 139.29 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 37.28 per cent to Rs 149.70 crore from Rs 109.05 crore in year ago period.
Other Income grew by 101.29 per cent at Rs 3.12 crore versus (Mar'24 Rs 1.55 crore).
Operating Profit slipped by 12.14 per cent to Rs 26.56 crore as against Rs 30.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 30.58 per cent in March quarter.
Interest grew by 19.09 per cent y-o-y to Rs 2.87 crore, while Taxation increased by 19.59 per cent at Rs 5.80 crore (Mar'24 Rs 4.85 crore).