The company reported standalone net profit of Rs 23.16 crore for the quarter ended March 31, 2025 as compared to Rs 33.27 crore in the same period last year, registering a year-on-year decline of 30.39 per cent.
Net revenue of the company declined substantially by 41.15 per cent at Rs 449.70 crore in January-March quarter of this fiscal as against Rs 764.17 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 41.41 per cent to Rs 438.71 crore from Rs 748.78 crore in year ago period.
Other Income dipped by 6.87 per cent at Rs 5.56 crore versus (Mar'24 Rs 5.97 crore).
Operating Profit slipped by 28.59 per cent to Rs 10.99 crore as against Rs 15.39 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 21.39 per cent in March quarter.
Interest declined by 45.91 per cent y-o-y to Rs 2.25 crore, while Taxation decreased by 34.75 per cent at Rs -12.86 crore (Mar'24 Rs -19.71 crore).