The company reported standalone net profit of Rs 9.08 crore for the quarter ended March 31, 2025 as compared to Rs 16.04 crore in the same period last year, registering a year-on-year decline of 43.39 per cent.
Net revenue of the company rose marginally by 3.96 per cent at Rs 243.93 crore in January-March quarter of this fiscal as against Rs 234.63 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.46 per cent to Rs 194.05 crore from Rs 185.77 crore in year ago period.
Other Income dipped by 20.15 per cent at Rs 14.66 crore versus (Mar'24 Rs 18.36 crore).
Operating Profit surged by 2.11 per cent to Rs 49.88 crore as against Rs 48.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.78 per cent in March quarter.
Interest grew by 7.12 per cent y-o-y to Rs 30.86 crore, while Taxation decreased by 2.10 per cent at Rs 6.98 crore (Mar'24 Rs 7.13 crore).