The company reported standalone net profit of Rs 22.89 crore for the quarter ended March 31, 2025 as compared to Rs 5.04 crore in the same period last year, registering a year-on-year growth of 354.17 per cent.
Net revenue of the company declined substantially by 36.11 per cent at Rs 182.78 crore in January-March quarter of this fiscal as against Rs 286.07 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 31.16 per cent to Rs 181.78 crore from Rs 264.06 crore in year ago period.
Other Income grew by 604.69 per cent at Rs 15.01 crore versus (Mar'24 Rs 2.13 crore).
Operating Profit slipped by 95.46 per cent to Rs 1.00 crore as against Rs 22.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 92.85 per cent in March quarter.
Interest grew by 5.16 per cent y-o-y to Rs 6.52 crore, while Taxation decreased by 230.16 per cent at Rs -14.76 crore (Mar'24 Rs 11.34 crore).