The company reported standalone net profit of Rs 22.19 crore for the quarter ended March 31, 2025 as compared to Rs 23.85 crore in the same period last year, registering a year-on-year decline of 6.96 per cent.
Net revenue of the company rose moderately by 8.78 per cent at Rs 132.59 crore in January-March quarter of this fiscal as against Rs 121.89 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 17.01 per cent to Rs 120.65 crore from Rs 103.11 crore in year ago period.
Other Income grew by 16.60 per cent at Rs 15.45 crore versus (Mar'24 Rs 13.25 crore).
Operating Profit slipped by 36.42 per cent to Rs 11.94 crore as against Rs 18.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 41.53 per cent in March quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.04 crore, while Taxation decreased by 49.02 per cent at Rs 3.13 crore (Mar'24 Rs 6.14 crore).