The company reported standalone net profit of Rs 16.29 crore for the quarter ended March 31, 2025 as compared to Rs 16.95 crore in the same period last year, registering a year-on-year decline of 3.89 per cent.
Net revenue of the company rose moderately by 18.34 per cent at Rs 202.71 crore in January-March quarter of this fiscal as against Rs 171.29 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 18.62 per cent to Rs 177.16 crore from Rs 149.35 crore in year ago period.
Other Income grew by 11.26 per cent at Rs 4.94 crore versus (Mar'24 Rs 4.44 crore).
Operating Profit surged by 16.45 per cent to Rs 25.55 crore as against Rs 21.94 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.64 per cent in March quarter.
Interest grew by 375.00 per cent y-o-y to Rs 1.33 crore, while Taxation decreased by 19.07 per cent at Rs 4.54 crore (Mar'24 Rs 5.61 crore).