The company reported standalone net profit of Rs 62.88 crore for the quarter ended March 31, 2025 as compared to Rs 3.50 crore in the same period last year, registering a year-on-year growth of 1696.57 per cent.
Net revenue of the company declined substantially by 45.81 per cent at Rs 138.98 crore in January-March quarter of this fiscal as against Rs 256.48 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 55.14 per cent to Rs 112.15 crore from Rs 249.98 crore in year ago period.
Other Income grew by 882.34 per cent at Rs 52.85 crore versus (Mar'24 Rs 5.38 crore).
Operating Profit surged by 312.77 per cent to Rs 26.83 crore as against Rs 6.50 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 663.24 per cent in March quarter.
Interest declined by 73.15 per cent y-o-y to Rs 0.69 crore, while Taxation increased by 1873.08 per cent at Rs 15.39 crore (Mar'24 Rs 0.78 crore).