The company reported standalone net profit of Rs 156.13 crore for the quarter ended March 31, 2025 as compared to Rs 23.09 crore in the same period last year, registering a year-on-year growth of 576.18 per cent.
Net revenue of the company declined substantially by 31.83 per cent at Rs 266.38 crore in January-March quarter of this fiscal as against Rs 390.76 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 29.29 per cent to Rs 301.48 crore from Rs 426.35 crore in year ago period.
Other Income dipped by 86.86 per cent at Rs 10.40 crore versus (Mar'24 Rs 79.13 crore).
Operating Profit slipped by 1.38 per cent to Rs -35.10 crore as against Rs -35.59 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 44.68 per cent in March quarter.
Interest declined by 89.30 per cent y-o-y to Rs 1.64 crore, while Taxation increased by 0.00 per cent at Rs 32.63 crore (Mar'24 Rs 0.00 crore).