The company reported standalone net profit of Rs 9.40 crore for the quarter ended March 31, 2025 as compared to Rs 12.86 crore in the same period last year, registering a year-on-year decline of 26.91 per cent.
Net revenue of the company rose by 5.70 per cent at Rs 380.74 crore in January-March quarter of this fiscal as against Rs 360.20 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 7.21 per cent to Rs 335.87 crore from Rs 313.27 crore in year ago period.
Other Income grew by 82.35 per cent at Rs 1.24 crore versus (Mar'24 Rs 0.68 crore).
Operating Profit slipped by 4.39 per cent to Rs 44.87 crore as against Rs 46.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.52 per cent in March quarter.
Interest grew by 15.54 per cent y-o-y to Rs 11.45 crore, while Taxation decreased by 30.12 per cent at Rs 3.41 crore (Mar'24 Rs 4.88 crore).