The company reported standalone net profit of Rs 26.12 crore for the quarter ended March 31, 2025 as compared to Rs 33.89 crore in the same period last year, registering a year-on-year decline of 22.93 per cent.
Net revenue of the company declined moderately by 7.56 per cent at Rs 276.27 crore in January-March quarter of this fiscal as against Rs 298.85 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.55 per cent to Rs 217.48 crore from Rs 235.23 crore in year ago period.
Other Income dipped by 54.40 per cent at Rs 1.40 crore versus (Mar'24 Rs 3.07 crore).
Operating Profit slipped by 5.89 per cent to Rs 59.87 crore as against Rs 63.62 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.78 per cent in March quarter.
Interest grew by 30.34 per cent y-o-y to Rs 10.44 crore, while Taxation decreased by 19.71 per cent at Rs 10.06 crore (Mar'24 Rs 12.53 crore).