The company reported standalone net profit of Rs 11.01 crore for the quarter ended March 31, 2025 as compared to Rs 22.61 crore in the same period last year, registering a year-on-year decline of 51.30 per cent.
Net revenue of the company declined marginally by 2.92 per cent at Rs 96.78 crore in January-March quarter of this fiscal as against Rs 99.69 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 19.90 per cent to Rs 77.05 crore from Rs 64.26 crore in year ago period.
Other Income grew by 109.90 per cent at Rs 10.81 crore versus (Mar'24 Rs 5.15 crore).
Operating Profit slipped by 44.28 per cent to Rs 19.74 crore as against Rs 35.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 42.63 per cent in March quarter.
Interest grew by 29.41 per cent y-o-y to Rs 0.22 crore, while Taxation decreased by 50.78 per cent at Rs 3.78 crore (Mar'24 Rs 7.68 crore).