The company reported standalone net profit of Rs 35.09 crore for the quarter ended March 31, 2025 as compared to Rs 53.59 crore in the same period last year, registering a year-on-year decline of 34.52 per cent.
Net revenue of the company rose marginally by 4.17 per cent at Rs 268.33 crore in January-March quarter of this fiscal as against Rs 257.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 190.85 per cent to Rs 29.87 crore from Rs 10.27 crore in year ago period.
Other Income dipped by 24.73 per cent at Rs 4.14 crore versus (Mar'24 Rs 5.50 crore).
Operating Profit slipped by 3.19 per cent to Rs 241.80 crore as against Rs 249.76 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.06 per cent in March quarter.
Interest grew by 0.71 per cent y-o-y to Rs 173.56 crore, while Taxation decreased by 20.07 per cent at Rs 20.39 crore (Mar'24 Rs 25.51 crore).