The company reported standalone net profit of Rs 54.20 crore for the quarter ended March 31, 2025 as compared to Rs 48.90 crore in the same period last year, registering a year-on-year growth of 10.84 per cent.
Net revenue of the company declined marginally by 2.13 per cent at Rs 266.70 crore in January-March quarter of this fiscal as against Rs 272.50 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.44 per cent to Rs 227.10 crore from Rs 226.10 crore in year ago period.
Other Income grew by 52.38 per cent at Rs 35.20 crore versus (Mar'24 Rs 23.10 crore).
Operating Profit slipped by 14.66 per cent to Rs 39.60 crore as against Rs 46.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.80 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 1.50 crore, while Taxation increased by 6.09 per cent at Rs 12.20 crore (Mar'24 Rs 11.50 crore).