The company reported standalone net profit of Rs 9.90 crore for the quarter ended March 31, 2025 as compared to Rs 12.60 crore in the same period last year, registering a year-on-year decline of 21.43 per cent.
Net revenue of the company rose substantially by 29.08 per cent at Rs 153.01 crore in January-March quarter of this fiscal as against Rs 118.54 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 35.81 per cent to Rs 136.64 crore from Rs 100.61 crore in year ago period.
Other Income grew by 15.05 per cent at Rs 1.07 crore versus (Mar'24 Rs 0.93 crore).
Operating Profit slipped by 8.70 per cent to Rs 16.37 crore as against Rs 17.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29.23 per cent in March quarter.
Interest declined by 34.69 per cent y-o-y to Rs 0.32 crore, while Taxation decreased by 17.67 per cent at Rs 3.54 crore (Mar'24 Rs 4.30 crore).