The company reported standalone net profit of Rs 20.72 crore for the quarter ended March 31, 2025 as compared to Rs 9.37 crore in the same period last year, registering a year-on-year growth of 121.13 per cent.
Net revenue of the company rose substantially by 52.66 per cent at Rs 896.39 crore in January-March quarter of this fiscal as against Rs 587.18 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 67.33 per cent to Rs 817.26 crore from Rs 488.42 crore in year ago period.
Other Income dipped by 11.68 per cent at Rs 5.37 crore versus (Mar'24 Rs 6.08 crore).
Operating Profit slipped by 19.88 per cent to Rs 79.13 crore as against Rs 98.76 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 47.50 per cent in March quarter.
Interest declined by 31.76 per cent y-o-y to Rs 17.19 crore, while Taxation increased by 27.04 per cent at Rs 5.92 crore (Mar'24 Rs 4.66 crore).