The company reported standalone net profit of Rs 28.46 crore for the quarter ended March 31, 2025 as compared to Rs 55.91 crore in the same period last year, registering a year-on-year decline of 49.10 per cent.
Net revenue of the company declined marginally by 1.00 per cent at Rs 306.53 crore in January-March quarter of this fiscal as against Rs 309.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 10.83 per cent to Rs 266.34 crore from Rs 240.32 crore in year ago period.
Other Income dipped by 44.35 per cent at Rs 6.11 crore versus (Mar'24 Rs 10.98 crore).
Operating Profit slipped by 42.01 per cent to Rs 40.19 crore as against Rs 69.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 41.42 per cent in March quarter.
Interest grew by 13.08 per cent y-o-y to Rs 1.21 crore, while Taxation decreased by 44.31 per cent at Rs 9.44 crore (Mar'24 Rs 16.95 crore).