The company reported standalone net profit of Rs 8.41 crore for the quarter ended March 31, 2025 as compared to Rs 11.35 crore in the same period last year, registering a year-on-year decline of 25.90 per cent.
Net revenue of the company rose marginally by 2.89 per cent at Rs 415.07 crore in January-March quarter of this fiscal as against Rs 403.40 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.28 per cent to Rs 378.80 crore from Rs 363.24 crore in year ago period.
Other Income grew by 6.34 per cent at Rs 7.04 crore versus (Mar'24 Rs 6.62 crore).
Operating Profit slipped by 9.69 per cent to Rs 36.27 crore as against Rs 40.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.25 per cent in March quarter.
Interest declined by 8.73 per cent y-o-y to Rs 10.24 crore, while Taxation increased by 591.18 per cent at Rs 3.34 crore (Mar'24 Rs -0.68 crore).