The company reported standalone net profit of Rs 12.15 crore for the quarter ended March 31, 2025 as compared to Rs 15.60 crore in the same period last year, registering a year-on-year decline of 22.12 per cent.
Net revenue of the company rose moderately by 17.13 per cent at Rs 790.53 crore in January-March quarter of this fiscal as against Rs 674.93 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 17.34 per cent to Rs 759.94 crore from Rs 647.63 crore in year ago period.
Other Income grew by 138.38 per cent at Rs 6.46 crore versus (Mar'24 Rs 2.71 crore).
Operating Profit surged by 12.05 per cent to Rs 30.60 crore as against Rs 27.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.44 per cent in March quarter.
Interest grew by 56.97 per cent y-o-y to Rs 11.93 crore, while Taxation increased by 200.00 per cent at Rs 8.22 crore (Mar'24 Rs 2.74 crore).