The company reported standalone net profit of Rs 20.98 crore for the quarter ended March 31, 2025 as compared to Rs 9.21 crore in the same period last year, registering a year-on-year growth of 127.80 per cent.
Net revenue of the company declined moderately by 13.34 per cent at Rs 480.08 crore in January-March quarter of this fiscal as against Rs 553.98 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 18.31 per cent to Rs 431.22 crore from Rs 527.87 crore in year ago period.
Other Income dipped by 47.62 per cent at Rs 4.96 crore versus (Mar'24 Rs 9.47 crore).
Operating Profit surged by 87.09 per cent to Rs 48.85 crore as against Rs 26.11 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 116.14 per cent in March quarter.
Interest grew by 12.97 per cent y-o-y to Rs 10.71 crore, while Taxation increased by 161.09 per cent at Rs 5.77 crore (Mar'24 Rs 2.21 crore).