The company reported standalone net profit of Rs 2.03 crore for the quarter ended March 31, 2025 as compared to Rs 19.36 crore in the same period last year, registering a year-on-year decline of 89.51 per cent.
Net revenue of the company declined marginally by 3.55 per cent at Rs 360.62 crore in January-March quarter of this fiscal as against Rs 373.89 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.06 per cent to Rs 333.91 crore from Rs 333.70 crore in year ago period.
Other Income dipped by 6.12 per cent at Rs 2.30 crore versus (Mar'24 Rs 2.45 crore).
Operating Profit slipped by 33.54 per cent to Rs 26.71 crore as against Rs 40.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 31.07 per cent in March quarter.
Interest declined by 18.40 per cent y-o-y to Rs 8.56 crore, while Taxation decreased by 71.71 per cent at Rs 2.54 crore (Mar'24 Rs 8.98 crore).