The company reported standalone net profit of Rs 14.80 crore for the quarter ended March 31, 2025 as compared to Rs 20.65 crore in the same period last year, registering a year-on-year decline of 28.33 per cent.
Net revenue of the company declined marginally by 2.92 per cent at Rs 149.35 crore in January-March quarter of this fiscal as against Rs 153.85 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.48 per cent to Rs 102.00 crore from Rs 105.68 crore in year ago period.
Other Income grew by 18.36 per cent at Rs 26.82 crore versus (Mar'24 Rs 22.66 crore).
Operating Profit slipped by 1.70 per cent to Rs 47.35 crore as against Rs 48.17 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 1.25 per cent in March quarter.
Interest declined by 27.27 per cent y-o-y to Rs 0.08 crore, while Taxation decreased by 34.46 per cent at Rs 4.09 crore (Mar'24 Rs 6.24 crore).