The company reported standalone net profit of Rs 51.57 crore for the quarter ended March 31, 2025 as compared to Rs 52.87 crore in the same period last year, registering a year-on-year decline of 2.46 per cent.
Net revenue of the company rose moderately by 8.01 per cent at Rs 124.86 crore in January-March quarter of this fiscal as against Rs 115.60 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 49.85 per cent to Rs 55.16 crore from Rs 36.81 crore in year ago period.
Other Income grew by 309.26 per cent at Rs 21.65 crore versus (Mar'24 Rs 5.29 crore).
Operating Profit slipped by 11.53 per cent to Rs 69.70 crore as against Rs 78.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.09 per cent in March quarter.
Interest grew by 20.64 per cent y-o-y to Rs 19.23 crore, while Taxation decreased by 150.67 per cent at Rs -2.28 crore (Mar'24 Rs 4.50 crore).