The company reported standalone net profit of Rs 22.62 crore for the quarter ended March 31, 2025 as compared to Rs 22.68 crore in the same period last year, registering a year-on-year decline of 0.26 per cent.
Net revenue of the company rose substantially by 20.71 per cent at Rs 129.96 crore in January-March quarter of this fiscal as against Rs 107.66 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 28.05 per cent to Rs 112.27 crore from Rs 87.68 crore in year ago period.
Other Income grew by 21.29 per cent at Rs 20.85 crore versus (Mar'24 Rs 17.19 crore).
Operating Profit slipped by 11.42 per cent to Rs 17.69 crore as against Rs 19.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.63 per cent in March quarter.
Interest declined by 59.06 per cent y-o-y to Rs 0.70 crore, while Taxation decreased by 11.62 per cent at Rs 6.62 crore (Mar'24 Rs 7.49 crore).