The company reported standalone net profit of Rs 3.94 crore for the quarter ended March 31, 2025 as compared to Rs 63.13 crore in the same period last year, registering a year-on-year decline of 93.76 per cent.
Net revenue of the company rose marginally by 4.02 per cent at Rs 603.80 crore in January-March quarter of this fiscal as against Rs 580.44 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 9.21 per cent to Rs 548.35 crore from Rs 502.10 crore in year ago period.
Other Income dipped by 21.03 per cent at Rs 17.09 crore versus (Mar'24 Rs 21.64 crore).
Operating Profit slipped by 29.22 per cent to Rs 55.45 crore as against Rs 78.34 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 32.00 per cent in March quarter.
Interest grew by 4.40 per cent y-o-y to Rs 2.61 crore, while Taxation decreased by 10.27 per cent at Rs 16.68 crore (Mar'24 Rs 18.59 crore).