The company reported standalone net profit of Rs 29.30 crore for the quarter ended March 31, 2025 as compared to Rs 14.68 crore in the same period last year, registering a year-on-year growth of 99.59 per cent.
Net revenue of the company rose marginally by 3.34 per cent at Rs 83.88 crore in January-March quarter of this fiscal as against Rs 81.17 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 14.28 per cent to Rs 59.97 crore from Rs 69.96 crore in year ago period.
Other Income grew by 2.02 per cent at Rs 10.63 crore versus (Mar'24 Rs 10.42 crore).
Operating Profit surged by 113.29 per cent to Rs 23.91 crore as against Rs 11.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 106.44 per cent in March quarter.
Interest declined by 25.00 per cent y-o-y to Rs 0.12 crore, while Taxation decreased by 30.98 per cent at Rs 4.59 crore (Mar'24 Rs 6.65 crore).