The company reported standalone net profit of Rs 59.35 crore for the quarter ended March 31, 2025 as compared to Rs 86.68 crore in the same period last year, registering a year-on-year decline of 31.53 per cent.
Net revenue of the company declined marginally by 3.86 per cent at Rs 136.06 crore in January-March quarter of this fiscal as against Rs 141.52 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 3.85 per cent to Rs 96.47 crore from Rs 92.89 crore in year ago period.
Other Income dipped by 16.23 per cent at Rs 10.48 crore versus (Mar'24 Rs 12.51 crore).
Operating Profit slipped by 18.59 per cent to Rs 39.59 crore as against Rs 48.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 15.31 per cent in March quarter.
Interest declined by 58.65 per cent y-o-y to Rs 0.86 crore, while Taxation increased by 70.72 per cent at Rs 38.31 crore (Mar'24 Rs 22.44 crore).