The company reported standalone net profit of Rs 40.38 crore for the quarter ended March 31, 2025 as compared to Rs 43.50 crore in the same period last year, registering a year-on-year decline of 7.17 per cent.
Net revenue of the company declined moderately by 6.34 per cent at Rs 251.83 crore in January-March quarter of this fiscal as against Rs 268.89 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.20 per cent to Rs 189.16 crore from Rs 201.66 crore in year ago period.
Other Income grew by 268.85 per cent at Rs 2.25 crore versus (Mar'24 Rs 0.61 crore).
Operating Profit slipped by 1.73 per cent to Rs 66.07 crore as against Rs 67.23 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.96 per cent in March quarter.
Interest grew by 113.74 per cent y-o-y to Rs 9.02 crore, while Taxation decreased by 13.30 per cent at Rs 13.95 crore (Mar'24 Rs 16.09 crore).