The company reported standalone net profit of Rs 52.80 crore for the quarter ended March 31, 2025 as compared to Rs 58.50 crore in the same period last year, registering a year-on-year decline of 9.74 per cent.
Net revenue of the company rose moderately by 12.42 per cent at Rs 655.18 crore in January-March quarter of this fiscal as against Rs 582.78 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 16.33 per cent to Rs 586.44 crore from Rs 504.11 crore in year ago period.
Other Income grew by 248.24 per cent at Rs 32.56 crore versus (Mar'24 Rs 9.35 crore).
Operating Profit slipped by 12.62 per cent to Rs 68.74 crore as against Rs 78.67 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.30 per cent in March quarter.
Interest declined by 36.49 per cent y-o-y to Rs 5.17 crore, while Taxation increased by 5504.88 per cent at Rs 22.98 crore (Mar'24 Rs 0.41 crore).