The company reported standalone net profit of Rs 40.98 crore for the quarter ended March 31, 2025 as compared to Rs 53.07 crore in the same period last year, registering a year-on-year decline of 22.78 per cent.
Net revenue of the company rose substantially by 23.62 per cent at Rs 73.70 crore in January-March quarter of this fiscal as against Rs 59.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 83.84 per cent to Rs 54.95 crore from Rs 29.89 crore in year ago period.
Other Income grew by 657.32 per cent at Rs 37.26 crore versus (Mar'24 Rs 4.92 crore).
Operating Profit slipped by 36.95 per cent to Rs 18.75 crore as against Rs 29.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 48.99 per cent in March quarter.
Interest grew by 48.89 per cent y-o-y to Rs 12.76 crore, while Taxation increased by 5.60 per cent at Rs 7.92 crore (Mar'24 Rs 7.50 crore).