The company reported standalone net profit of Rs 7.71 crore for the quarter ended March 31, 2025 as compared to Rs 14.84 crore in the same period last year, registering a year-on-year decline of 48.05 per cent.
Net revenue of the company rose by 0.55 per cent at Rs 180.01 crore in January-March quarter of this fiscal as against Rs 179.03 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 5.02 per cent to Rs 159.09 crore from Rs 151.49 crore in year ago period.
Other Income grew by 26.06 per cent at Rs 4.16 crore versus (Mar'24 Rs 3.30 crore).
Operating Profit slipped by 24.00 per cent to Rs 20.93 crore as against Rs 27.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.45 per cent in March quarter.
Interest grew by 61.86 per cent y-o-y to Rs 3.14 crore, while Taxation decreased by 33.98 per cent at Rs 3.38 crore (Mar'24 Rs 5.12 crore).