The company reported standalone net profit of Rs 1.83 crore for the quarter ended March 31, 2025 as compared to Rs 4.10 crore in the same period last year, registering a year-on-year decline of 55.37 per cent.
Net revenue of the company rose substantially by 76.27 per cent at Rs 226.19 crore in January-March quarter of this fiscal as against Rs 128.32 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 76.36 per cent to Rs 225.86 crore from Rs 128.07 crore in year ago period.
Other Income grew by 202.43 per cent at Rs 16.15 crore versus (Mar'24 Rs 5.34 crore).
Operating Profit surged by 37.50 per cent to Rs 0.33 crore as against Rs 0.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.05 per cent in March quarter.
Interest grew by 3257.89 per cent y-o-y to Rs 12.76 crore, while Taxation increased by 73.79 per cent at Rs 1.79 crore (Mar'24 Rs 1.03 crore).