The company reported standalone net profit of Rs 14.96 crore for the quarter ended March 31, 2025 as compared to Rs 22.56 crore in the same period last year, registering a year-on-year decline of 33.69 per cent.
Net revenue of the company rose by 0.36 per cent at Rs 207.06 crore in January-March quarter of this fiscal as against Rs 206.32 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.86 per cent to Rs 176.23 crore from Rs 168.07 crore in year ago period.
Other Income grew by 63.39 per cent at Rs 7.14 crore versus (Mar'24 Rs 4.37 crore).
Operating Profit slipped by 19.42 per cent to Rs 30.83 crore as against Rs 38.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.69 per cent in March quarter.
Interest grew by 168.69 per cent y-o-y to Rs 2.66 crore, while Taxation increased by 7.63 per cent at Rs 10.72 crore (Mar'24 Rs 9.96 crore).