The company reported standalone net profit of Rs 11.26 crore for the quarter ended March 31, 2025 as compared to Rs 12.01 crore in the same period last year, registering a year-on-year decline of 6.24 per cent.
Net revenue of the company declined marginally by 1.35 per cent at Rs 163.36 crore in January-March quarter of this fiscal as against Rs 165.59 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 0.81 per cent to Rs 140.31 crore from Rs 141.45 crore in year ago period.
Other Income grew by 30.56 per cent at Rs 1.88 crore versus (Mar'24 Rs 1.44 crore).
Operating Profit slipped by 4.52 per cent to Rs 23.05 crore as against Rs 24.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.22 per cent in March quarter.
Interest declined by 12.73 per cent y-o-y to Rs 1.44 crore, while Taxation decreased by 11.22 per cent at Rs 3.64 crore (Mar'24 Rs 4.10 crore).