The company reported standalone net profit of Rs 5.13 crore for the quarter ended March 31, 2025 as compared to Rs 8.33 crore in the same period last year, registering a year-on-year decline of 38.42 per cent.
Net revenue of the company declined marginally by 1.12 per cent at Rs 339.51 crore in January-March quarter of this fiscal as against Rs 343.36 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.94 per cent to Rs 315.07 crore from Rs 321.29 crore in year ago period.
Other Income dipped by 19.15 per cent at Rs 7.05 crore versus (Mar'24 Rs 8.72 crore).
Operating Profit surged by 10.79 per cent to Rs 24.44 crore as against Rs 22.06 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.98 per cent in March quarter.
Interest grew by 42.93 per cent y-o-y to Rs 11.32 crore, while Taxation decreased by 21.71 per cent at Rs 2.56 crore (Mar'24 Rs 3.27 crore).