The company reported standalone net profit of Rs 24.40 crore for the quarter ended March 31, 2025 as compared to Rs 38.30 crore in the same period last year, registering a year-on-year decline of 36.29 per cent.
Net revenue of the company rose moderately by 7.74 per cent at Rs 289.60 crore in January-March quarter of this fiscal as against Rs 268.80 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.57 per cent to Rs 249.70 crore from Rs 223.80 crore in year ago period.
Other Income dipped by 10.00 per cent at Rs 4.50 crore versus (Mar'24 Rs 5.00 crore).
Operating Profit slipped by 11.33 per cent to Rs 39.90 crore as against Rs 45.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.68 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.10 crore, while Taxation decreased by 37.31 per cent at Rs 8.40 crore (Mar'24 Rs 13.40 crore).