The company reported standalone net profit of Rs 21.99 crore for the quarter ended March 31, 2025 as compared to Rs 18.67 crore in the same period last year, registering a year-on-year growth of 17.78 per cent.
Net revenue of the company rose substantially by 24.84 per cent at Rs 307.99 crore in January-March quarter of this fiscal as against Rs 246.70 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 25.30 per cent to Rs 276.88 crore from Rs 220.98 crore in year ago period.
Other Income grew by 29.34 per cent at Rs 5.29 crore versus (Mar'24 Rs 4.09 crore).
Operating Profit surged by 20.96 per cent to Rs 31.11 crore as against Rs 25.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 3.16 per cent in March quarter.
Interest declined by 35.34 per cent y-o-y to Rs 0.86 crore, while Taxation increased by 17.45 per cent at Rs 7.54 crore (Mar'24 Rs 6.42 crore).