The company reported standalone net profit of Rs 14.62 crore for the quarter ended March 31, 2025 as compared to Rs 88.67 crore in the same period last year, registering a year-on-year decline of 83.51 per cent.
Net revenue of the company declined by 5.36 per cent at Rs 88.57 crore in January-March quarter of this fiscal as against Rs 93.59 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.50 per cent to Rs 100.35 crore from Rs 96.03 crore in year ago period.
Other Income dipped by 39.23 per cent at Rs 37.34 crore versus (Mar'24 Rs 61.44 crore).
Operating Profit surged by 382.79 per cent to Rs -11.78 crore as against Rs -2.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 411.54 per cent in March quarter.
Interest grew by 18.56 per cent y-o-y to Rs 1.98 crore, while Taxation increased by 116.72 per cent at Rs 5.58 crore (Mar'24 Rs -33.38 crore).