The company reported standalone net profit of Rs 12.88 crore for the quarter ended March 31, 2025 as compared to Rs 9.00 crore in the same period last year, registering a year-on-year growth of 43.11 per cent.
Net revenue of the company declined marginally by 1.98 per cent at Rs 228.81 crore in January-March quarter of this fiscal as against Rs 233.43 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.74 per cent to Rs 205.70 crore from Rs 204.19 crore in year ago period.
Other Income grew by 151.58 per cent at Rs 4.78 crore versus (Mar'24 Rs 1.90 crore).
Operating Profit slipped by 20.93 per cent to Rs 23.12 crore as against Rs 29.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.39 per cent in March quarter.
Interest declined by 11.04 per cent y-o-y to Rs 7.09 crore, while Taxation decreased by 63.76 per cent at Rs 2.49 crore (Mar'24 Rs 6.87 crore).