The company reported standalone net profit of Rs 27.53 crore for the quarter ended March 31, 2025 as compared to Rs 32.41 crore in the same period last year, registering a year-on-year decline of 15.06 per cent.
Net revenue of the company rose moderately by 12.16 per cent at Rs 256.57 crore in January-March quarter of this fiscal as against Rs 228.76 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 17.80 per cent to Rs 217.86 crore from Rs 184.94 crore in year ago period.
Other Income grew by 2.87 per cent at Rs 8.25 crore versus (Mar'24 Rs 8.02 crore).
Operating Profit slipped by 11.62 per cent to Rs 38.72 crore as against Rs 43.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.20 per cent in March quarter.
Interest declined by 1.25 per cent y-o-y to Rs 0.79 crore, while Taxation decreased by 9.06 per cent at Rs 9.94 crore (Mar'24 Rs 10.93 crore).