The company reported standalone net profit of Rs 10.63 crore for the quarter ended March 31, 2025 as compared to Rs 27.11 crore in the same period last year, registering a year-on-year decline of 60.79 per cent.
Net revenue of the company rose substantially by 81.08 per cent at Rs 1,048.65 crore in January-March quarter of this fiscal as against Rs 579.12 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 87.78 per cent to Rs 1,014.25 crore from Rs 540.13 crore in year ago period.
Other Income dipped by 93.72 per cent at Rs 1.62 crore versus (Mar'24 Rs 25.79 crore).
Operating Profit slipped by 11.77 per cent to Rs 34.40 crore as against Rs 38.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.26 per cent in March quarter.
Interest declined by 38.00 per cent y-o-y to Rs 9.07 crore, while Taxation decreased by 66.55 per cent at Rs 3.90 crore (Mar'24 Rs 11.66 crore).