The company reported standalone net profit of Rs 9.33 crore for the quarter ended March 31, 2025 as compared to Rs 16.46 crore in the same period last year, registering a year-on-year decline of 43.32 per cent.
Net revenue of the company declined moderately by 14.03 per cent at Rs 98.06 crore in January-March quarter of this fiscal as against Rs 114.06 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 23.07 per cent to Rs 49.75 crore from Rs 64.67 crore in year ago period.
Other Income grew by 2.81 per cent at Rs 1.83 crore versus (Mar'24 Rs 1.78 crore).
Operating Profit slipped by 2.17 per cent to Rs 48.32 crore as against Rs 49.39 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 13.79 per cent in March quarter.
Interest grew by 22.16 per cent y-o-y to Rs 34.95 crore, while Taxation decreased by 16.16 per cent at Rs 3.32 crore (Mar'24 Rs 3.96 crore).