The company reported standalone net profit of Rs 55.51 crore for the quarter ended March 31, 2025 as compared to Rs 61.78 crore in the same period last year, registering a year-on-year decline of 10.15 per cent.
Net revenue of the company declined moderately by 9.44 per cent at Rs 215.93 crore in January-March quarter of this fiscal as against Rs 238.44 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.88 per cent to Rs 143.24 crore from Rs 158.94 crore in year ago period.
Other Income grew by 21.92 per cent at Rs 17.52 crore versus (Mar'24 Rs 14.37 crore).
Operating Profit slipped by 8.57 per cent to Rs 72.69 crore as against Rs 79.50 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.96 per cent in March quarter.
Interest declined by 64.71 per cent y-o-y to Rs 0.18 crore, while Taxation decreased by 11.39 per cent at Rs 19.13 crore (Mar'24 Rs 21.59 crore).