The company reported standalone net profit of Rs 14.66 crore for the quarter ended March 31, 2025 as compared to Rs 20.92 crore in the same period last year, registering a year-on-year decline of 29.92 per cent.
Net revenue of the company declined moderately by 8.74 per cent at Rs 216.45 crore in January-March quarter of this fiscal as against Rs 237.17 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.51 per cent to Rs 195.74 crore from Rs 209.38 crore in year ago period.
Other Income dipped by 16.14 per cent at Rs 7.17 crore versus (Mar'24 Rs 8.55 crore).
Operating Profit slipped by 25.48 per cent to Rs 20.71 crore as against Rs 27.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.34 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 1.90 crore, while Taxation decreased by 23.58 per cent at Rs 5.38 crore (Mar'24 Rs 7.04 crore).