The company reported standalone net profit of Rs 11.52 crore for the quarter ended March 31, 2025 as compared to Rs 14.23 crore in the same period last year, registering a year-on-year decline of 19.04 per cent.
Net revenue of the company rose substantially by 32.24 per cent at Rs 178.61 crore in January-March quarter of this fiscal as against Rs 135.07 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 37.47 per cent to Rs 157.84 crore from Rs 114.82 crore in year ago period.
Other Income grew by 90.63 per cent at Rs 0.61 crore versus (Mar'24 Rs 0.32 crore).
Operating Profit surged by 2.62 per cent to Rs 20.77 crore as against Rs 20.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.41 per cent in March quarter.
Interest grew by 328.57 per cent y-o-y to Rs 1.50 crore, while Taxation decreased by 14.29 per cent at Rs 4.32 crore (Mar'24 Rs 5.04 crore).