The company reported standalone net profit of Rs 25.77 crore for the quarter ended March 31, 2025 as compared to Rs 28.75 crore in the same period last year, registering a year-on-year decline of 10.37 per cent.
Net revenue of the company rose marginally by 1.10 per cent at Rs 337.97 crore in January-March quarter of this fiscal as against Rs 334.30 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.36 per cent to Rs 308.34 crore from Rs 295.46 crore in year ago period.
Other Income grew by 46.31 per cent at Rs 12.10 crore versus (Mar'24 Rs 8.27 crore).
Operating Profit slipped by 23.71 per cent to Rs 29.63 crore as against Rs 38.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.53 per cent in March quarter.
Interest declined by 49.84 per cent y-o-y to Rs 1.54 crore, while Taxation decreased by 13.96 per cent at Rs 8.63 crore (Mar'24 Rs 10.03 crore).