The company reported standalone net profit of Rs 16.91 crore for the quarter ended March 31, 2025 as compared to Rs 17.28 crore in the same period last year, registering a year-on-year decline of 2.14 per cent.
Net revenue of the company rose moderately by 15.00 per cent at Rs 502.90 crore in January-March quarter of this fiscal as against Rs 437.31 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 14.55 per cent to Rs 448.75 crore from Rs 391.74 crore in year ago period.
Other Income dipped by 30.66 per cent at Rs 13.30 crore versus (Mar'24 Rs 19.18 crore).
Operating Profit surged by 18.85 per cent to Rs 54.15 crore as against Rs 45.56 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.36 per cent in March quarter.
Interest grew by 13.30 per cent y-o-y to Rs 19.17 crore, while Taxation decreased by 14.53 per cent at Rs 10.06 crore (Mar'24 Rs 11.77 crore).