The company reported standalone net profit of Rs 27.98 crore for the quarter ended March 31, 2025 as compared to Rs 43.47 crore in the same period last year, registering a year-on-year decline of 35.63 per cent.
Net revenue of the company rose marginally by 4.44 per cent at Rs 606.43 crore in January-March quarter of this fiscal as against Rs 580.64 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 10.56 per cent to Rs 558.85 crore from Rs 505.46 crore in year ago period.
Other Income grew by 1.89 per cent at Rs 3.23 crore versus (Mar'24 Rs 3.17 crore).
Operating Profit slipped by 13.62 per cent to Rs 64.94 crore as against Rs 75.18 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.30 per cent in March quarter.
Interest declined by 8.75 per cent y-o-y to Rs 3.44 crore, while Taxation increased by 28.11 per cent at Rs 14.81 crore (Mar'24 Rs 11.56 crore).