The company reported standalone net profit of Rs 15.73 crore for the quarter ended March 31, 2025 as compared to Rs 18.78 crore in the same period last year, registering a year-on-year decline of 16.24 per cent.
Net revenue of the company rose moderately by 7.39 per cent at Rs 93.04 crore in January-March quarter of this fiscal as against Rs 86.64 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.27 per cent to Rs 56.08 crore from Rs 52.77 crore in year ago period.
Other Income grew by 7.42 per cent at Rs 6.37 crore versus (Mar'24 Rs 5.93 crore).
Operating Profit surged by 9.15 per cent to Rs 36.97 crore as against Rs 33.87 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.61 per cent in March quarter.
Interest grew by 10.78 per cent y-o-y to Rs 4.52 crore, while Taxation decreased by 16.52 per cent at Rs 5.61 crore (Mar'24 Rs 6.72 crore).