The company reported standalone net profit of Rs 11.58 crore for the quarter ended March 31, 2025 as compared to Rs 18.60 crore in the same period last year, registering a year-on-year decline of 37.74 per cent.
Net revenue of the company rose moderately by 18.03 per cent at Rs 168.18 crore in January-March quarter of this fiscal as against Rs 142.49 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 13.98 per cent to Rs 141.46 crore from Rs 124.11 crore in year ago period.
Other Income dipped by 198.01 per cent at Rs -6.88 crore versus (Mar'24 Rs 7.02 crore).
Operating Profit surged by 45.38 per cent to Rs 26.72 crore as against Rs 18.38 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 23.18 per cent in March quarter.
Interest declined by 26.00 per cent y-o-y to Rs 0.37 crore, while Taxation increased by 29.01 per cent at Rs 4.67 crore (Mar'24 Rs 3.62 crore).