The company reported standalone net profit of Rs 28.84 crore for the quarter ended March 31, 2025 as compared to Rs 30.48 crore in the same period last year, registering a year-on-year decline of 5.38 per cent.
Net revenue of the company rose moderately by 8.71 per cent at Rs 411.73 crore in January-March quarter of this fiscal as against Rs 378.75 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.79 per cent to Rs 363.38 crore from Rs 325.05 crore in year ago period.
Other Income grew by 47.78 per cent at Rs 9.34 crore versus (Mar'24 Rs 6.32 crore).
Operating Profit slipped by 9.96 per cent to Rs 48.35 crore as against Rs 53.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.21 per cent in March quarter.
Interest declined by 51.60 per cent y-o-y to Rs 1.81 crore, while Taxation decreased by 12.52 per cent at Rs 9.01 crore (Mar'24 Rs 10.30 crore).