The company reported standalone net profit of Rs 6.47 crore for the quarter ended March 31, 2025 as compared to Rs 15.45 crore in the same period last year, registering a year-on-year decline of 58.12 per cent.
Net revenue of the company rose substantially by 26.65 per cent at Rs 351.71 crore in January-March quarter of this fiscal as against Rs 277.71 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 27.58 per cent to Rs 345.66 crore from Rs 270.93 crore in year ago period.
Other Income dipped by 72.02 per cent at Rs 4.29 crore versus (Mar'24 Rs 15.33 crore).
Operating Profit slipped by 3.35 per cent to Rs 7.49 crore as against Rs 7.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.66 per cent in March quarter.
Interest grew by 21.43 per cent y-o-y to Rs 2.89 crore, while Taxation decreased by 57.23 per cent at Rs 2.10 crore (Mar'24 Rs 4.91 crore).