The company reported standalone net profit of Rs 23.71 crore for the quarter ended March 31, 2025 as compared to Rs 25.04 crore in the same period last year, registering a year-on-year decline of 5.31 per cent.
Net revenue of the company rose moderately by 15.19 per cent at Rs 258.14 crore in January-March quarter of this fiscal as against Rs 224.10 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 20.91 per cent to Rs 216.53 crore from Rs 179.08 crore in year ago period.
Other Income grew by 3485.71 per cent at Rs 5.02 crore versus (Mar'24 Rs 0.14 crore).
Operating Profit slipped by 7.57 per cent to Rs 41.61 crore as against Rs 45.02 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.76 per cent in March quarter.
Interest grew by 25.10 per cent y-o-y to Rs 9.42 crore, while Taxation decreased by 0.68 per cent at Rs 8.71 crore (Mar'24 Rs 8.77 crore).