The company reported standalone net profit of Rs 1.99 crore for the quarter ended March 31, 2025 as compared to Rs 3.10 crore in the same period last year, registering a year-on-year decline of 35.81 per cent.
Net revenue of the company rose substantially by 27.71 per cent at Rs 115.40 crore in January-March quarter of this fiscal as against Rs 90.36 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 26.01 per cent to Rs 105.53 crore from Rs 83.75 crore in year ago period.
Other Income grew by 153.33 per cent at Rs 1.52 crore versus (Mar'24 Rs 0.60 crore).
Operating Profit surged by 49.32 per cent to Rs 9.87 crore as against Rs 6.61 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 17.10 per cent in March quarter.
Interest grew by 124.69 per cent y-o-y to Rs 3.64 crore, while Taxation decreased by 26.14 per cent at Rs 1.13 crore (Mar'24 Rs 1.53 crore).