The company reported standalone net profit of Rs 34.58 crore for the quarter ended March 31, 2025 as compared to Rs 40.48 crore in the same period last year, registering a year-on-year decline of 14.58 per cent.
Net revenue of the company declined moderately by 14.38 per cent at Rs 372.19 crore in January-March quarter of this fiscal as against Rs 434.68 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 9.80 per cent to Rs 366.08 crore from Rs 405.85 crore in year ago period.
Other Income grew by 45.45 per cent at Rs 71.56 crore versus (Mar'24 Rs 49.20 crore).
Operating Profit slipped by 78.81 per cent to Rs 6.11 crore as against Rs 28.83 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 75.26 per cent in March quarter.
Interest declined by 8.49 per cent y-o-y to Rs 5.28 crore, while Taxation increased by 57.96 per cent at Rs 24.42 crore (Mar'24 Rs 15.46 crore).