The company reported standalone net profit of Rs 35.43 crore for the quarter ended March 31, 2025 as compared to Rs 39.45 crore in the same period last year, registering a year-on-year decline of 10.19 per cent.
Net revenue of the company declined moderately by 7.88 per cent at Rs 396.67 crore in January-March quarter of this fiscal as against Rs 430.59 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.37 per cent to Rs 335.18 crore from Rs 339.84 crore in year ago period.
Other Income dipped by 13.85 per cent at Rs 7.28 crore versus (Mar'24 Rs 8.45 crore).
Operating Profit slipped by 32.24 per cent to Rs 61.49 crore as against Rs 90.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.47 per cent in March quarter.
Interest declined by 12.09 per cent y-o-y to Rs 6.40 crore, while Taxation decreased by 327.22 per cent at Rs -12.27 crore (Mar'24 Rs 5.40 crore).