The company reported standalone net profit of Rs 18.63 crore for the quarter ended March 31, 2025 as compared to Rs 9.06 crore in the same period last year, registering a year-on-year growth of 105.63 per cent.
Net revenue of the company rose moderately by 9.43 per cent at Rs 383.86 crore in January-March quarter of this fiscal as against Rs 350.79 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 8.11 per cent to Rs 370.39 crore from Rs 342.61 crore in year ago period.
Other Income dipped by 50.60 per cent at Rs 5.78 crore versus (Mar'24 Rs 11.70 crore).
Operating Profit surged by 64.67 per cent to Rs 13.47 crore as against Rs 8.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 50.64 per cent in March quarter.
Interest grew by 13.21 per cent y-o-y to Rs 3.17 crore, while Taxation decreased by 380.47 per cent at Rs -7.18 crore (Mar'24 Rs 2.56 crore).