The company reported standalone net profit of Rs 20.67 crore for the quarter ended March 31, 2025 as compared to Rs 23.35 crore in the same period last year, registering a year-on-year decline of 11.48 per cent.
Net revenue of the company declined moderately by 6.51 per cent at Rs 555.83 crore in January-March quarter of this fiscal as against Rs 594.55 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.73 per cent to Rs 514.40 crore from Rs 551.54 crore in year ago period.
Other Income dipped by 35.71 per cent at Rs 0.45 crore versus (Mar'24 Rs 0.70 crore).
Operating Profit slipped by 3.67 per cent to Rs 41.43 crore as against Rs 43.01 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 3.04 per cent in March quarter.
Interest grew by 65.82 per cent y-o-y to Rs 9.12 crore, while Taxation decreased by 19.25 per cent at Rs 7.80 crore (Mar'24 Rs 9.66 crore).