The company reported standalone net profit of Rs 13.09 crore for the quarter ended March 31, 2025 as compared to Rs 22.32 crore in the same period last year, registering a year-on-year decline of 41.35 per cent.
Net revenue of the company rose substantially by 41.12 per cent at Rs 315.99 crore in January-March quarter of this fiscal as against Rs 223.92 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 45.06 per cent to Rs 302.03 crore from Rs 208.21 crore in year ago period.
Other Income grew by 0.95 per cent at Rs 4.26 crore versus (Mar'24 Rs 4.22 crore).
Operating Profit surged by 3.15 per cent to Rs 23.27 crore as against Rs 22.56 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.91 per cent in March quarter.
Interest grew by 19.28 per cent y-o-y to Rs 8.91 crore, while Taxation increased by 189.01 per cent at Rs 3.97 crore (Mar'24 Rs -4.46 crore).