The company reported standalone net profit of Rs 10.18 crore for the quarter ended March 31, 2025 as compared to Rs 12.50 crore in the same period last year, registering a year-on-year decline of 18.56 per cent.
Net revenue of the company rose marginally by 4.40 per cent at Rs 528.83 crore in January-March quarter of this fiscal as against Rs 506.52 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 3.61 per cent to Rs 492.63 crore from Rs 475.45 crore in year ago period.
Other Income dipped by 34.98 per cent at Rs 1.45 crore versus (Mar'24 Rs 2.23 crore).
Operating Profit surged by 18.18 per cent to Rs 36.72 crore as against Rs 31.07 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.21 per cent in March quarter.
Interest grew by 31.76 per cent y-o-y to Rs 17.01 crore, while Taxation increased by 55.73 per cent at Rs 4.08 crore (Mar'24 Rs 2.62 crore).