The company reported standalone net profit of Rs 11.86 crore for the quarter ended March 31, 2025 as compared to Rs 15.80 crore in the same period last year, registering a year-on-year decline of 24.94 per cent.
Net revenue of the company declined moderately by 6.17 per cent at Rs 174.54 crore in January-March quarter of this fiscal as against Rs 186.01 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.67 per cent to Rs 145.63 crore from Rs 157.73 crore in year ago period.
Other Income dipped by 90.97 per cent at Rs 0.95 crore versus (Mar'24 Rs 10.52 crore).
Operating Profit surged by 2.23 per cent to Rs 28.91 crore as against Rs 28.28 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 8.95 per cent in March quarter.
Interest declined by 7.25 per cent y-o-y to Rs 9.08 crore, while Taxation decreased by 59.18 per cent at Rs 2.98 crore (Mar'24 Rs 7.30 crore).