The company reported standalone net profit of Rs 31.48 crore for the quarter ended March 31, 2025 as compared to Rs 44.56 crore in the same period last year, registering a year-on-year decline of 29.35 per cent.
Net revenue of the company rose moderately by 12.78 per cent at Rs 1,718.96 crore in January-March quarter of this fiscal as against Rs 1,524.23 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 13.63 per cent to Rs 1,605.06 crore from Rs 1,412.58 crore in year ago period.
Other Income dipped by 28.72 per cent at Rs 2.11 crore versus (Mar'24 Rs 2.96 crore).
Operating Profit surged by 2.02 per cent to Rs 113.90 crore as against Rs 111.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.43 per cent in March quarter.
Interest grew by 30.17 per cent y-o-y to Rs 36.50 crore, while Taxation decreased by 1.10 per cent at Rs 12.57 crore (Mar'24 Rs 12.71 crore).