The company reported standalone net profit of Rs 13.26 crore for the quarter ended March 31, 2025 as compared to Rs 16.20 crore in the same period last year, registering a year-on-year decline of 18.15 per cent.
Net revenue of the company declined moderately by 15.52 per cent at Rs 189.03 crore in January-March quarter of this fiscal as against Rs 223.75 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 11.41 per cent to Rs 170.61 crore from Rs 192.59 crore in year ago period.
Other Income grew by 1001.22 per cent at Rs 9.03 crore versus (Mar'24 Rs 0.82 crore).
Operating Profit slipped by 40.89 per cent to Rs 18.42 crore as against Rs 31.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 30.08 per cent in March quarter.
Interest grew by 36.05 per cent y-o-y to Rs 3.51 crore, while Taxation decreased by 25.19 per cent at Rs 8.70 crore (Mar'24 Rs 11.63 crore).