The company reported standalone net profit of Rs 1.45 crore for the quarter ended March 31, 2025 as compared to Rs 2.66 crore in the same period last year, registering a year-on-year decline of 45.49 per cent.
Net revenue of the company declined marginally by 3.76 per cent at Rs 312.99 crore in January-March quarter of this fiscal as against Rs 325.23 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 5.62 per cent to Rs 283.54 crore from Rs 300.43 crore in year ago period.
Other Income grew by 372.92 per cent at Rs 1.31 crore versus (Mar'24 Rs -0.48 crore).
Operating Profit surged by 18.79 per cent to Rs 29.46 crore as against Rs 24.80 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 23.49 per cent in March quarter.
Interest grew by 20.08 per cent y-o-y to Rs 9.03 crore, while Taxation decreased by 16.28 per cent at Rs -0.36 crore (Mar'24 Rs -0.43 crore).