The company reported standalone net profit of Rs 23.85 crore for the quarter ended March 31, 2025 as compared to Rs 31.78 crore in the same period last year, registering a year-on-year decline of 24.95 per cent.
Net revenue of the company rose moderately by 6.73 per cent at Rs 311.95 crore in January-March quarter of this fiscal as against Rs 292.27 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 18.71 per cent to Rs 259.21 crore from Rs 218.35 crore in year ago period.
Other Income grew by 276.24 per cent at Rs 7.60 crore versus (Mar'24 Rs 2.02 crore).
Operating Profit slipped by 28.65 per cent to Rs 52.74 crore as against Rs 73.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 33.14 per cent in March quarter.
Interest declined by 21.59 per cent y-o-y to Rs 4.43 crore, while Taxation decreased by 63.98 per cent at Rs 4.78 crore (Mar'24 Rs 13.27 crore).