The company reported standalone net profit of Rs 10.59 crore for the quarter ended March 31, 2025 as compared to Rs 25.63 crore in the same period last year, registering a year-on-year decline of 58.68 per cent.
Net revenue of the company rose moderately by 6.91 per cent at Rs 752.05 crore in January-March quarter of this fiscal as against Rs 703.42 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 10.06 per cent to Rs 691.07 crore from Rs 627.88 crore in year ago period.
Other Income grew by 69.60 per cent at Rs 2.12 crore versus (Mar'24 Rs 1.25 crore).
Operating Profit slipped by 19.27 per cent to Rs 60.98 crore as against Rs 75.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.49 per cent in March quarter.
Interest grew by 11.09 per cent y-o-y to Rs 13.22 crore, while Taxation decreased by 81.15 per cent at Rs 1.25 crore (Mar'24 Rs 6.63 crore).