The company reported standalone net profit of Rs 28.97 crore for the quarter ended March 31, 2025 as compared to Rs 37.56 crore in the same period last year, registering a year-on-year decline of 22.87 per cent.
Net revenue of the company rose moderately by 10.59 per cent at Rs 265.28 crore in January-March quarter of this fiscal as against Rs 239.88 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 15.67 per cent to Rs 222.33 crore from Rs 192.21 crore in year ago period.
Other Income dipped by 11.45 per cent at Rs 1.16 crore versus (Mar'24 Rs 1.31 crore).
Operating Profit slipped by 9.94 per cent to Rs 42.94 crore as against Rs 47.68 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.52 per cent in March quarter.
Interest declined by 114.89 per cent y-o-y to Rs -0.07 crore, while Taxation increased by 150.43 per cent at Rs 8.74 crore (Mar'24 Rs 3.49 crore).