The company reported standalone net profit of Rs 8.15 crore for the quarter ended March 31, 2025 as compared to Rs 9.95 crore in the same period last year, registering a year-on-year decline of 18.09 per cent.
Net revenue of the company rose moderately by 10.43 per cent at Rs 562.19 crore in January-March quarter of this fiscal as against Rs 509.07 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.11 per cent to Rs 502.99 crore from Rs 448.64 crore in year ago period.
Other Income grew by 12.62 per cent at Rs 7.14 crore versus (Mar'24 Rs 6.34 crore).
Operating Profit slipped by 2.05 per cent to Rs 59.20 crore as against Rs 60.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.29 per cent in March quarter.
Interest grew by 55.19 per cent y-o-y to Rs 6.58 crore, while Taxation decreased by 23.61 per cent at Rs 3.17 crore (Mar'24 Rs 4.15 crore).