The company reported standalone net profit of Rs 16.30 crore for the quarter ended March 31, 2025 as compared to Rs 6.13 crore in the same period last year, registering a year-on-year growth of 165.91 per cent.
Net revenue of the company rose marginally by 1.07 per cent at Rs 571.53 crore in January-March quarter of this fiscal as against Rs 565.49 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.31 per cent to Rs 541.10 crore from Rs 539.43 crore in year ago period.
Other Income grew by 114.81 per cent at Rs 0.04 crore versus (Mar'24 Rs -0.27 crore).
Operating Profit surged by 16.81 per cent to Rs 30.44 crore as against Rs 26.06 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 15.62 per cent in March quarter.
Interest declined by 63.62 per cent y-o-y to Rs 4.62 crore, while Taxation increased by 227.59 per cent at Rs 5.70 crore (Mar'24 Rs 1.74 crore).