The company reported standalone net profit of Rs 28.61 crore for the quarter ended March 31, 2025 as compared to Rs 23.03 crore in the same period last year, registering a year-on-year growth of 24.23 per cent.
Net revenue of the company declined substantially by 28.62 per cent at Rs 118.00 crore in January-March quarter of this fiscal as against Rs 165.31 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 34.22 per cent to Rs 73.56 crore from Rs 111.83 crore in year ago period.
Other Income grew by 16.67 per cent at Rs 1.61 crore versus (Mar'24 Rs 1.38 crore).
Operating Profit slipped by 16.90 per cent to Rs 44.44 crore as against Rs 53.48 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 16.41 per cent in March quarter.
Interest declined by 63.89 per cent y-o-y to Rs 8.63 crore, while Taxation increased by 8.19 per cent at Rs 8.32 crore (Mar'24 Rs 7.69 crore).