The company reported standalone net profit of Rs 17.97 crore for the quarter ended March 31, 2025 as compared to Rs 18.37 crore in the same period last year, registering a year-on-year decline of 2.18 per cent.
Net revenue of the company rose substantially by 21.67 per cent at Rs 171.63 crore in January-March quarter of this fiscal as against Rs 141.06 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 20.78 per cent to Rs 145.26 crore from Rs 120.27 crore in year ago period.
Other Income dipped by 63.32 per cent at Rs 2.92 crore versus (Mar'24 Rs 7.96 crore).
Operating Profit surged by 20.47 per cent to Rs 26.37 crore as against Rs 21.89 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.03 per cent in March quarter.
Interest declined by 51.32 per cent y-o-y to Rs 0.37 crore, while Taxation decreased by 14.64 per cent at Rs 4.49 crore (Mar'24 Rs 5.26 crore).