The company reported standalone net profit of Rs 39.67 crore for the quarter ended March 31, 2025 as compared to Rs 68.05 crore in the same period last year, registering a year-on-year decline of 41.70 per cent.
Net revenue of the company declined marginally by 1.30 per cent at Rs 86.64 crore in January-March quarter of this fiscal as against Rs 87.78 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 7.78 per cent to Rs 24.79 crore from Rs 23.00 crore in year ago period.
Operating Profit slipped by 4.49 per cent to Rs 61.86 crore as against Rs 64.77 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.27 per cent in March quarter.
Interest grew by 40.80 per cent y-o-y to Rs 11.94 crore, while Taxation decreased by 44.35 per cent at Rs 9.56 crore (Mar'24 Rs 17.18 crore).