The company reported standalone net profit of Rs 14.63 crore for the quarter ended March 31, 2025 as compared to Rs 22.77 crore in the same period last year, registering a year-on-year decline of 35.75 per cent.
Net revenue of the company rose moderately by 19.36 per cent at Rs 290.18 crore in January-March quarter of this fiscal as against Rs 243.12 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 34.35 per cent to Rs 265.67 crore from Rs 197.74 crore in year ago period.
Other Income dipped by 31.93 per cent at Rs 2.75 crore versus (Mar'24 Rs 4.04 crore).
Operating Profit slipped by 34.75 per cent to Rs 29.61 crore as against Rs 45.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 45.34 per cent in March quarter.
Interest declined by 9.19 per cent y-o-y to Rs 6.03 crore, while Taxation decreased by 58.80 per cent at Rs 5.97 crore (Mar'24 Rs 14.49 crore).