The company reported standalone net profit of Rs 7.85 crore for the quarter ended March 31, 2025 as compared to Rs 38.41 crore in the same period last year, registering a year-on-year decline of 79.56 per cent.
Net revenue of the company rose moderately by 11.80 per cent at Rs 407.37 crore in January-March quarter of this fiscal as against Rs 364.38 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 17.62 per cent to Rs 387.10 crore from Rs 329.12 crore in year ago period.
Other Income dipped by 36.56 per cent at Rs 17.68 crore versus (Mar'24 Rs 27.87 crore).
Operating Profit slipped by 42.51 per cent to Rs 20.27 crore as against Rs 35.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 48.55 per cent in March quarter.
Interest grew by 774.70 per cent y-o-y to Rs 7.26 crore, while Taxation decreased by 123.54 per cent at Rs -1.69 crore (Mar'24 Rs 7.18 crore).