The company reported standalone net profit of Rs 18.85 crore for the quarter ended March 31, 2025 as compared to Rs 37.40 crore in the same period last year, registering a year-on-year decline of 49.60 per cent.
Net revenue of the company declined moderately by 7.42 per cent at Rs 190.08 crore in January-March quarter of this fiscal as against Rs 205.31 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.16 per cent to Rs 166.17 crore from Rs 156.53 crore in year ago period.
Other Income dipped by 0.97 per cent at Rs 5.08 crore versus (Mar'24 Rs 5.13 crore).
Operating Profit slipped by 50.98 per cent to Rs 23.91 crore as against Rs 48.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 47.05 per cent in March quarter.
Interest grew by 26.47 per cent y-o-y to Rs 0.86 crore, while Taxation decreased by 54.00 per cent at Rs 5.81 crore (Mar'24 Rs 12.63 crore).