The company reported standalone net profit of Rs 3.56 crore for the quarter ended March 31, 2025 as compared to Rs 40.03 crore in the same period last year, registering a year-on-year decline of 91.11 per cent.
Net revenue of the company rose substantially by 32.31 per cent at Rs 200.15 crore in January-March quarter of this fiscal as against Rs 151.27 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 36.80 per cent to Rs 190.42 crore from Rs 139.20 crore in year ago period.
Other Income grew by 62.84 per cent at Rs 8.37 crore versus (Mar'24 Rs 5.14 crore).
Operating Profit slipped by 19.39 per cent to Rs 9.73 crore as against Rs 12.07 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 39.10 per cent in March quarter.
Interest grew by 49.37 per cent y-o-y to Rs 10.71 crore, while Taxation decreased by 99.47 per cent at Rs -0.18 crore (Mar'24 Rs -33.87 crore).