The company reported standalone net profit of Rs 3.33 crore for the quarter ended March 31, 2025 as compared to Rs 4.05 crore in the same period last year, registering a year-on-year decline of 17.78 per cent.
Net revenue of the company declined marginally by 2.99 per cent at Rs 179.14 crore in January-March quarter of this fiscal as against Rs 184.67 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.77 per cent to Rs 160.90 crore from Rs 167.20 crore in year ago period.
Other Income grew by 82.86 per cent at Rs 0.64 crore versus (Mar'24 Rs 0.35 crore).
Operating Profit surged by 4.41 per cent to Rs 18.24 crore as against Rs 17.47 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.61 per cent in March quarter.
Interest grew by 25.75 per cent y-o-y to Rs 7.96 crore, while Taxation decreased by 10.87 per cent at Rs 1.23 crore (Mar'24 Rs 1.38 crore).