The company reported standalone net profit of Rs 22.64 crore for the quarter ended March 31, 2025 as compared to Rs 26.71 crore in the same period last year, registering a year-on-year decline of 15.24 per cent.
Net revenue of the company rose moderately by 12.20 per cent at Rs 479.28 crore in January-March quarter of this fiscal as against Rs 427.17 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 15.04 per cent to Rs 458.06 crore from Rs 398.19 crore in year ago period.
Other Income grew by 10.03 per cent at Rs 20.08 crore versus (Mar'24 Rs 18.25 crore).
Operating Profit slipped by 26.78 per cent to Rs 21.22 crore as against Rs 28.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 34.66 per cent in March quarter.
Interest grew by 267.92 per cent y-o-y to Rs 9.75 crore, while Taxation decreased by 38.01 per cent at Rs 6.28 crore (Mar'24 Rs 10.13 crore).