The company reported standalone net profit of Rs 23.20 crore for the quarter ended March 31, 2025 as compared to Rs 13.92 crore in the same period last year, registering a year-on-year growth of 66.67 per cent.
Net revenue of the company rose moderately by 8.27 per cent at Rs 234.80 crore in January-March quarter of this fiscal as against Rs 216.87 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 10.23 per cent to Rs 199.26 crore from Rs 180.76 crore in year ago period.
Other Income grew by 554.01 per cent at Rs 12.23 crore versus (Mar'24 Rs 1.87 crore).
Operating Profit slipped by 1.58 per cent to Rs 35.54 crore as against Rs 36.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.07 per cent in March quarter.
Interest declined by 6.81 per cent y-o-y to Rs 7.53 crore, while Taxation increased by 4.89 per cent at Rs 5.79 crore (Mar'24 Rs 5.52 crore).