The company reported standalone net profit of Rs 49.38 crore for the quarter ended March 31, 2025 as compared to Rs 51.69 crore in the same period last year, registering a year-on-year decline of 4.47 per cent.
Net revenue of the company rose moderately by 10.13 per cent at Rs 618.50 crore in January-March quarter of this fiscal as against Rs 561.59 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.35 per cent to Rs 518.32 crore from Rs 465.47 crore in year ago period.
Other Income dipped by 40.50 per cent at Rs 2.63 crore versus (Mar'24 Rs 4.42 crore).
Operating Profit surged by 4.22 per cent to Rs 100.18 crore as against Rs 96.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.37 per cent in March quarter.
Interest declined by 19.22 per cent y-o-y to Rs 11.94 crore, while Taxation increased by 31.01 per cent at Rs 22.18 crore (Mar'24 Rs 16.93 crore).