The company reported standalone net profit of Rs 8.02 crore for the quarter ended March 31, 2025 as compared to Rs 9.79 crore in the same period last year, registering a year-on-year decline of 18.08 per cent.
Net revenue of the company rose substantially by 29.64 per cent at Rs 65.52 crore in January-March quarter of this fiscal as against Rs 50.54 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 40.96 per cent to Rs 26.50 crore from Rs 18.80 crore in year ago period.
Operating Profit surged by 13.76 per cent to Rs 41.43 crore as against Rs 36.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.24 per cent in March quarter.
Interest grew by 20.27 per cent y-o-y to Rs 29.01 crore, while Taxation increased by 117.12 per cent at Rs 3.17 crore (Mar'24 Rs 1.46 crore).