The company reported standalone net profit of Rs 23.11 crore for the quarter ended March 31, 2025 as compared to Rs 17.54 crore in the same period last year, registering a year-on-year growth of 31.76 per cent.

Net revenue of the company rose moderately by 13.24 per cent at Rs 440.61 crore in January-March quarter of this fiscal as against Rs 389.08 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 12.65 per cent to Rs 396.53 crore from Rs 352.00 crore in year ago period.

Other Income grew by 41.94 per cent at Rs 3.52 crore versus (Mar'24 Rs 2.48 crore).

Operating Profit surged by 18.85 per cent to Rs 44.08 crore as against Rs 37.09 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.93 per cent in March quarter.

Interest declined by 3.81 per cent y-o-y to Rs 5.30 crore, while Taxation increased by 32.35 per cent at Rs 8.10 crore (Mar'24 Rs 6.12 crore).