The company reported standalone net profit of Rs 5.74 crore for the quarter ended March 31, 2025 as compared to Rs 5.99 crore in the same period last year, registering a year-on-year decline of 4.17 per cent.
Net revenue of the company rose substantially by 28.97 per cent at Rs 110.31 crore in January-March quarter of this fiscal as against Rs 85.53 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 34.65 per cent to Rs 98.79 crore from Rs 73.37 crore in year ago period.
Other Income grew by 165.71 per cent at Rs 0.93 crore versus (Mar'24 Rs 0.35 crore).
Operating Profit slipped by 5.26 per cent to Rs 11.52 crore as against Rs 12.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.58 per cent in March quarter.
Interest grew by 11.90 per cent y-o-y to Rs 2.35 crore, while Taxation decreased by 28.68 per cent at Rs 1.84 crore (Mar'24 Rs 2.58 crore).