The company reported standalone net profit of Rs 12.82 crore for the quarter ended March 31, 2025 as compared to Rs 13.49 crore in the same period last year, registering a year-on-year decline of 4.97 per cent.
Net revenue of the company rose moderately by 11.43 per cent at Rs 224.99 crore in January-March quarter of this fiscal as against Rs 201.92 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 13.56 per cent to Rs 206.33 crore from Rs 181.70 crore in year ago period.
Other Income grew by 48.12 per cent at Rs 4.34 crore versus (Mar'24 Rs 2.93 crore).
Operating Profit slipped by 7.72 per cent to Rs 18.66 crore as against Rs 20.22 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.27 per cent in March quarter.
Interest declined by 7.07 per cent y-o-y to Rs 2.76 crore, while Taxation decreased by 8.04 per cent at Rs 4.12 crore (Mar'24 Rs 4.48 crore).