The company reported standalone net profit of Rs 51.31 crore for the quarter ended March 31, 2025 as compared to Rs 69.10 crore in the same period last year, registering a year-on-year decline of 25.75 per cent.
Net revenue of the company rose marginally by 1.11 per cent at Rs 374.93 crore in January-March quarter of this fiscal as against Rs 370.81 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 7.19 per cent to Rs 299.95 crore from Rs 279.84 crore in year ago period.
Other Income dipped by 29.90 per cent at Rs 8.58 crore versus (Mar'24 Rs 12.24 crore).
Operating Profit slipped by 17.58 per cent to Rs 74.98 crore as against Rs 90.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.47 per cent in March quarter.
Interest declined by 46.90 per cent y-o-y to Rs 2.83 crore, while Taxation increased by 0.32 per cent at Rs 22.15 crore (Mar'24 Rs 22.08 crore).