The company reported standalone net profit of Rs 16.77 crore for the quarter ended March 31, 2025 as compared to Rs 29.10 crore in the same period last year, registering a year-on-year decline of 42.37 per cent.
Net revenue of the company rose by 0.03 per cent at Rs 466.07 crore in January-March quarter of this fiscal as against Rs 465.94 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.53 per cent to Rs 448.66 crore from Rs 429.20 crore in year ago period.
Other Income grew by 169.07 per cent at Rs 8.96 crore versus (Mar'24 Rs 3.33 crore).
Operating Profit slipped by 52.64 per cent to Rs 17.40 crore as against Rs 36.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 52.72 per cent in March quarter.
Interest grew by 25.26 per cent y-o-y to Rs 1.19 crore, while Taxation decreased by 34.47 per cent at Rs 5.55 crore (Mar'24 Rs 8.47 crore).