The company reported standalone net profit of Rs 13.30 crore for the quarter ended March 31, 2025 as compared to Rs 33.51 crore in the same period last year, registering a year-on-year decline of 60.31 per cent.
Net revenue of the company declined by 5.89 per cent at Rs 843.16 crore in January-March quarter of this fiscal as against Rs 895.94 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.32 per cent to Rs 817.79 crore from Rs 845.91 crore in year ago period.
Other Income grew by 9.59 per cent at Rs 11.88 crore versus (Mar'24 Rs 10.84 crore).
Operating Profit slipped by 49.29 per cent to Rs 25.37 crore as against Rs 50.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 46.06 per cent in March quarter.
Interest declined by 3.39 per cent y-o-y to Rs 4.28 crore, while Taxation decreased by 30.49 per cent at Rs 9.69 crore (Mar'24 Rs 13.94 crore).