The company reported standalone net profit of Rs 19.02 crore for the quarter ended March 31, 2025 as compared to Rs 3.56 crore in the same period last year, registering a year-on-year growth of 434.27 per cent.

Net revenue of the company rose marginally by 2.52 per cent at Rs 100.10 crore in January-March quarter of this fiscal as against Rs 97.64 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 7.86 per cent to Rs 87.60 crore from Rs 81.22 crore in year ago period.

Other Income dipped by 48.97 per cent at Rs 1.74 crore versus (Mar'24 Rs 3.41 crore).

Operating Profit slipped by 23.87 per cent to Rs 12.50 crore as against Rs 16.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.74 per cent in March quarter.

Interest declined by 38.51 per cent y-o-y to Rs 7.25 crore, while Taxation decreased by 2120.00 per cent at Rs -16.16 crore (Mar'24 Rs 0.80 crore).