The company reported standalone net profit of Rs 29.26 crore for the quarter ended March 31, 2025 as compared to Rs 36.89 crore in the same period last year, registering a year-on-year decline of 20.68 per cent.
Net revenue of the company declined moderately by 8.74 per cent at Rs 455.82 crore in January-March quarter of this fiscal as against Rs 499.48 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.94 per cent to Rs 414.15 crore from Rs 445.03 crore in year ago period.
Other Income grew by 143.96 per cent at Rs 4.44 crore versus (Mar'24 Rs 1.82 crore).
Operating Profit slipped by 23.47 per cent to Rs 41.67 crore as against Rs 54.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.15 per cent in March quarter.
Interest declined by 24.17 per cent y-o-y to Rs 3.64 crore, while Taxation decreased by 12.54 per cent at Rs 11.16 crore (Mar'24 Rs 12.76 crore).