The company reported standalone net profit of Rs 11.91 crore for the quarter ended March 31, 2025 as compared to Rs 39.96 crore in the same period last year, registering a year-on-year decline of 70.20 per cent.
Net revenue of the company declined marginally by 2.72 per cent at Rs 381.94 crore in January-March quarter of this fiscal as against Rs 392.60 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.55 per cent to Rs 351.78 crore from Rs 336.46 crore in year ago period.
Other Income dipped by 21.30 per cent at Rs 3.14 crore versus (Mar'24 Rs 3.99 crore).
Operating Profit slipped by 46.28 per cent to Rs 30.16 crore as against Rs 56.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 44.76 per cent in March quarter.
Interest grew by 412.33 per cent y-o-y to Rs 3.74 crore, while Taxation decreased by 57.73 per cent at Rs 5.39 crore (Mar'24 Rs 12.75 crore).