The company reported standalone net profit of Rs 51.73 crore for the quarter ended March 31, 2025 as compared to Rs 61.53 crore in the same period last year, registering a year-on-year decline of 15.93 per cent.

Net revenue of the company rose substantially by 23.36 per cent at Rs 736.79 crore in January-March quarter of this fiscal as against Rs 597.26 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 28.61 per cent to Rs 660.33 crore from Rs 513.43 crore in year ago period.

Other Income dipped by 64.95 per cent at Rs 2.79 crore versus (Mar'24 Rs 7.96 crore).

Operating Profit slipped by 8.79 per cent to Rs 76.46 crore as against Rs 83.83 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.07 per cent in March quarter.

Interest grew by 11.52 per cent y-o-y to Rs 5.71 crore, while Taxation decreased by 15.99 per cent at Rs 17.44 crore (Mar'24 Rs 20.76 crore).