The company reported standalone net profit of Rs 4.76 crore for the quarter ended March 31, 2025 as compared to Rs 19.75 crore in the same period last year, registering a year-on-year decline of 75.90 per cent.
Net revenue of the company declined moderately by 6.64 per cent at Rs 291.42 crore in January-March quarter of this fiscal as against Rs 312.15 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.15 per cent to Rs 258.63 crore from Rs 278.54 crore in year ago period.
Other Income grew by 1437.96 per cent at Rs 16.61 crore versus (Mar'24 Rs 1.08 crore).
Operating Profit slipped by 2.47 per cent to Rs 32.79 crore as against Rs 33.62 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.46 per cent in March quarter.
Interest declined by 0.98 per cent y-o-y to Rs 19.27 crore, while Taxation increased by 303.54 per cent at Rs 19.56 crore (Mar'24 Rs -9.61 crore).