The company reported standalone net profit of Rs 13.44 crore for the quarter ended March 31, 2025 as compared to Rs 14.16 crore in the same period last year, registering a year-on-year decline of 5.08 per cent.

Net revenue of the company rose substantially by 43.97 per cent at Rs 260.68 crore in January-March quarter of this fiscal as against Rs 181.06 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 47.69 per cent to Rs 241.45 crore from Rs 163.48 crore in year ago period.

Other Income dipped by 30.62 per cent at Rs 1.79 crore versus (Mar'24 Rs 2.58 crore).

Operating Profit surged by 9.44 per cent to Rs 19.24 crore as against Rs 17.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.00 per cent in March quarter.

Interest declined by 85.88 per cent y-o-y to Rs 0.12 crore, while Taxation increased by 64.90 per cent at Rs 5.59 crore (Mar'24 Rs 3.39 crore).