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(16/05/2025 16:20)

Baid Finserv Q4 net profit zooms 237.04% at Rs 3.64 cr

The company reported standalone net profit of Rs 3.64 crore for the quarter ended March 31, 2025 as compared to Rs 1.08 crore in the same period last year, registering a year-on-year growth of 237.04 per cent.

Net revenue of the company rose substantially by 45.94 per cent at Rs 22.11 crore in January-March quarter of this fiscal as against Rs 15.15 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 49.22 per cent to Rs 9.55 crore from Rs 6.40 crore in year ago period.

Other Income dipped by 60.00 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.05 crore).

Operating Profit surged by 43.66 per cent to Rs 12.57 crore as against Rs 8.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.59 per cent in March quarter.

Interest grew by 12.23 per cent y-o-y to Rs 7.34 crore, while Taxation increased by 49.47 per cent at Rs 1.42 crore (Mar'24 Rs 0.95 crore).