The company reported standalone net profit of Rs 19.17 crore for the quarter ended March 31, 2025 as compared to Rs 19.67 crore in the same period last year, registering a year-on-year decline of 2.54 per cent.
Net revenue of the company rose marginally by 4.87 per cent at Rs 388.96 crore in January-March quarter of this fiscal as against Rs 370.91 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.50 per cent to Rs 358.11 crore from Rs 342.68 crore in year ago period.
Other Income grew by 61.44 per cent at Rs 18.55 crore versus (Mar'24 Rs 11.49 crore).
Operating Profit surged by 6.59 per cent to Rs 32.02 crore as against Rs 30.04 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.60 per cent in March quarter.
Interest grew by 66.44 per cent y-o-y to Rs 14.98 crore, while Taxation increased by 108.84 per cent at Rs 3.07 crore (Mar'24 Rs 1.47 crore).