The company reported standalone net profit of Rs 60.84 crore for the quarter ended March 31, 2025 as compared to Rs 16.23 crore in the same period last year, registering a year-on-year growth of 274.86 per cent.
Net revenue of the company rose moderately by 11.30 per cent at Rs 275.76 crore in January-March quarter of this fiscal as against Rs 247.76 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 23.74 per cent to Rs 272.02 crore from Rs 219.84 crore in year ago period.
Other Income dipped by 39.26 per cent at Rs 1.47 crore versus (Mar'24 Rs 2.42 crore).
Operating Profit slipped by 77.26 per cent to Rs 6.35 crore as against Rs 27.92 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 79.59 per cent in March quarter.
Interest grew by 217.75 per cent y-o-y to Rs 5.37 crore, while Taxation decreased by 391.33 per cent at Rs -17.48 crore (Mar'24 Rs 6.00 crore).