The company reported standalone net profit of Rs 24.79 crore for the quarter ended March 31, 2025 as compared to Rs 29.23 crore in the same period last year, registering a year-on-year decline of 15.19 per cent.
Net revenue of the company declined moderately by 7.72 per cent at Rs 61.78 crore in January-March quarter of this fiscal as against Rs 66.95 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 26.05 per cent to Rs 21.91 crore from Rs 29.63 crore in year ago period.
Other Income dipped by 94.03 per cent at Rs 0.42 crore versus (Mar'24 Rs 7.03 crore).
Operating Profit surged by 6.83 per cent to Rs 39.87 crore as against Rs 37.32 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.77 per cent in March quarter.
Interest declined by 39.50 per cent y-o-y to Rs 3.37 crore, while Taxation increased by 13.07 per cent at Rs 10.21 crore (Mar'24 Rs 9.03 crore).