The company reported standalone net profit of Rs 6.23 crore for the quarter ended March 31, 2025 as compared to Rs 10.45 crore in the same period last year, registering a year-on-year decline of 40.38 per cent.
Net revenue of the company rose substantially by 68.95 per cent at Rs 227.36 crore in January-March quarter of this fiscal as against Rs 134.57 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 61.32 per cent to Rs 199.18 crore from Rs 123.47 crore in year ago period.
Other Income dipped by 51.15 per cent at Rs 1.70 crore versus (Mar'24 Rs 3.48 crore).
Operating Profit surged by 153.87 per cent to Rs 28.18 crore as against Rs 11.10 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 50.18 per cent in March quarter.
Interest grew by 2971.43 per cent y-o-y to Rs 2.15 crore, while Taxation increased by 0.00 per cent at Rs 4.01 crore (Mar'24 Rs 4.01 crore).