The company reported standalone net profit of Rs 6.94 crore for the quarter ended March 31, 2025 as compared to Rs 6.97 crore in the same period last year, registering a year-on-year decline of 0.43 per cent.
Net revenue of the company declined marginally by 4.62 per cent at Rs 208.51 crore in January-March quarter of this fiscal as against Rs 218.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.15 per cent to Rs 201.65 crore from Rs 193.61 crore in year ago period.
Other Income dipped by 1.54 per cent at Rs 0.64 crore versus (Mar'24 Rs 0.65 crore).
Operating Profit slipped by 8.16 per cent to Rs 22.97 crore as against Rs 25.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.67 per cent in March quarter.
Interest declined by 15.00 per cent y-o-y to Rs 9.41 crore, while Taxation decreased by 24.24 per cent at Rs 1.75 crore (Mar'24 Rs 2.31 crore).