The company reported standalone net profit of Rs 15.86 crore for the quarter ended March 31, 2025 as compared to Rs 15.68 crore in the same period last year, registering a year-on-year growth of 1.15 per cent.
Net revenue of the company declined substantially by 33.55 per cent at Rs 242.82 crore in January-March quarter of this fiscal as against Rs 365.44 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 38.49 per cent to Rs 215.90 crore from Rs 350.99 crore in year ago period.
Other Income dipped by 61.15 per cent at Rs 4.46 crore versus (Mar'24 Rs 11.48 crore).
Operating Profit surged by 86.30 per cent to Rs 26.92 crore as against Rs 14.45 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 180.76 per cent in March quarter.
Interest grew by 38.50 per cent y-o-y to Rs 7.95 crore, while Taxation increased by 93.43 per cent at Rs 6.77 crore (Mar'24 Rs 3.50 crore).