The company reported standalone net profit of Rs 9.76 crore for the quarter ended March 31, 2025 as compared to Rs 168.66 crore in the same period last year, registering a year-on-year decline of 94.21 per cent.
Net revenue of the company rose two fold by 223.00 per cent at Rs 101.52 crore in January-March quarter of this fiscal as against Rs 31.43 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 50.18 per cent to Rs 89.40 crore from Rs 59.53 crore in year ago period.
Other Income grew by 720.18 per cent at Rs 9.35 crore versus (Mar'24 Rs 1.14 crore).
Operating Profit surged by 143.13 per cent to Rs 12.12 crore as against Rs -28.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 113.35 per cent in March quarter.
Interest grew by 29.20 per cent y-o-y to Rs 6.77 crore, while Taxation increased by 104.64 per cent at Rs 3.19 crore (Mar'24 Rs -68.77 crore).