The company reported standalone net profit of Rs 20.98 crore for the quarter ended March 31, 2025 as compared to Rs 25.57 crore in the same period last year, registering a year-on-year decline of 17.95 per cent.
Net revenue of the company rose moderately by 17.67 per cent at Rs 206.06 crore in January-March quarter of this fiscal as against Rs 175.11 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 25.20 per cent to Rs 185.39 crore from Rs 148.07 crore in year ago period.
Other Income grew by 114.86 per cent at Rs 5.35 crore versus (Mar'24 Rs 2.49 crore).
Operating Profit slipped by 23.56 per cent to Rs 20.67 crore as against Rs 27.04 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 35.04 per cent in March quarter.
Interest declined by 50.85 per cent y-o-y to Rs 0.58 crore, while Taxation increased by 121.33 per cent at Rs 3.32 crore (Mar'24 Rs 1.50 crore).