The company reported standalone net profit of Rs 38.07 crore for the quarter ended March 31, 2025 as compared to Rs 45.60 crore in the same period last year, registering a year-on-year decline of 16.51 per cent.
Net revenue of the company declined moderately by 6.55 per cent at Rs 213.38 crore in January-March quarter of this fiscal as against Rs 228.34 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.01 per cent to Rs 166.64 crore from Rs 171.82 crore in year ago period.
Other Income grew by 13.59 per cent at Rs 12.20 crore versus (Mar'24 Rs 10.74 crore).
Operating Profit slipped by 17.29 per cent to Rs 46.75 crore as against Rs 56.52 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.47 per cent in March quarter.
Interest declined by 19.17 per cent y-o-y to Rs 1.94 crore, while Taxation decreased by 9.93 per cent at Rs 12.52 crore (Mar'24 Rs 13.90 crore).