The company reported standalone net profit of Rs 39.16 crore for the quarter ended March 31, 2025 as compared to Rs 66.53 crore in the same period last year, registering a year-on-year decline of 41.14 per cent.
Net revenue of the company rose moderately by 7.76 per cent at Rs 130.81 crore in January-March quarter of this fiscal as against Rs 121.39 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.12 per cent to Rs 110.07 crore from Rs 111.32 crore in year ago period.
Other Income dipped by 47.93 per cent at Rs 33.76 crore versus (Mar'24 Rs 64.83 crore).
Operating Profit surged by 105.96 per cent to Rs 20.74 crore as against Rs 10.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 91.08 per cent in March quarter.
Interest declined by 31.06 per cent y-o-y to Rs 1.11 crore, while Taxation increased by 151.98 per cent at Rs 12.07 crore (Mar'24 Rs 4.79 crore).