The company reported standalone net profit of Rs 17.13 crore for the quarter ended March 31, 2025 as compared to Rs 19.72 crore in the same period last year, registering a year-on-year decline of 13.13 per cent.
Net revenue of the company rose substantially by 22.42 per cent at Rs 242.52 crore in January-March quarter of this fiscal as against Rs 198.10 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 22.68 per cent to Rs 214.34 crore from Rs 174.71 crore in year ago period.
Other Income dipped by 27.45 per cent at Rs 4.36 crore versus (Mar'24 Rs 6.01 crore).
Operating Profit surged by 20.48 per cent to Rs 28.18 crore as against Rs 23.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.61 per cent in March quarter.
Interest grew by 1458.33 per cent y-o-y to Rs 1.87 crore, while Taxation decreased by 13.57 per cent at Rs 5.73 crore (Mar'24 Rs 6.63 crore).