The company reported standalone net profit of Rs 13.51 crore for the quarter ended March 31, 2025 as compared to Rs 28.73 crore in the same period last year, registering a year-on-year decline of 52.98 per cent.
Net revenue of the company rose moderately by 10.90 per cent at Rs 398.84 crore in January-March quarter of this fiscal as against Rs 359.64 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.43 per cent to Rs 340.39 crore from Rs 305.48 crore in year ago period.
Other Income dipped by 34.02 per cent at Rs 5.43 crore versus (Mar'24 Rs 8.23 crore).
Operating Profit surged by 7.92 per cent to Rs 58.45 crore as against Rs 54.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.72 per cent in March quarter.
Interest declined by 9.08 per cent y-o-y to Rs 10.41 crore, while Taxation increased by 162.65 per cent at Rs 25.95 crore (Mar'24 Rs 9.88 crore).