The company reported standalone net profit of Rs 16.27 crore for the quarter ended March 31, 2025 as compared to Rs 17.97 crore in the same period last year, registering a year-on-year decline of 9.46 per cent.
Net revenue of the company rose moderately by 14.55 per cent at Rs 202.61 crore in January-March quarter of this fiscal as against Rs 176.87 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 16.23 per cent to Rs 164.32 crore from Rs 141.37 crore in year ago period.
Other Income grew by 182.14 per cent at Rs 0.79 crore versus (Mar'24 Rs 0.28 crore).
Operating Profit surged by 7.86 per cent to Rs 38.29 crore as against Rs 35.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.83 per cent in March quarter.
Interest grew by 87.91 per cent y-o-y to Rs 4.04 crore, while Taxation increased by 5.86 per cent at Rs 5.96 crore (Mar'24 Rs 5.63 crore).