The company reported standalone net profit of Rs 27.96 crore for the quarter ended March 31, 2025 as compared to Rs 37.59 crore in the same period last year, registering a year-on-year decline of 25.62 per cent.
Net revenue of the company rose moderately by 6.73 per cent at Rs 234.19 crore in January-March quarter of this fiscal as against Rs 219.42 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.44 per cent to Rs 191.92 crore from Rs 176.99 crore in year ago period.
Other Income dipped by 69.38 per cent at Rs 2.52 crore versus (Mar'24 Rs 8.23 crore).
Operating Profit slipped by 0.38 per cent to Rs 42.27 crore as against Rs 42.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.67 per cent in March quarter.
Interest grew by 483.93 per cent y-o-y to Rs 3.27 crore, while Taxation decreased by 5.40 per cent at Rs 9.46 crore (Mar'24 Rs 10.00 crore).