The company reported standalone net profit of Rs 15.80 crore for the quarter ended March 31, 2025 as compared to Rs 18.15 crore in the same period last year, registering a year-on-year decline of 12.95 per cent.
Net revenue of the company rose moderately by 11.75 per cent at Rs 314.16 crore in January-March quarter of this fiscal as against Rs 281.13 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 14.46 per cent to Rs 293.36 crore from Rs 256.29 crore in year ago period.
Other Income grew by 295.28 per cent at Rs 4.19 crore versus (Mar'24 Rs 1.06 crore).
Operating Profit slipped by 16.26 per cent to Rs 20.80 crore as against Rs 24.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.11 per cent in March quarter.
Interest grew by 451.22 per cent y-o-y to Rs 2.26 crore, while Taxation decreased by 7.37 per cent at Rs 5.91 crore (Mar'24 Rs 6.38 crore).