The company reported standalone net profit of Rs 5.42 crore for the quarter ended March 31, 2025 as compared to Rs 7.89 crore in the same period last year, registering a year-on-year decline of 31.31 per cent.
Net revenue of the company declined moderately by 7.56 per cent at Rs 108.52 crore in January-March quarter of this fiscal as against Rs 117.39 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 8.51 per cent to Rs 93.28 crore from Rs 101.96 crore in year ago period.
Other Income grew by 1.31 per cent at Rs 1.55 crore versus (Mar'24 Rs 1.53 crore).
Operating Profit slipped by 1.17 per cent to Rs 15.24 crore as against Rs 15.42 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.85 per cent in March quarter.
Interest grew by 27.63 per cent y-o-y to Rs 2.91 crore, while Taxation increased by 11.00 per cent at Rs 3.23 crore (Mar'24 Rs 2.91 crore).