The company reported standalone net profit of Rs 13.36 crore for the quarter ended March 31, 2025 as compared to Rs 16.22 crore in the same period last year, registering a year-on-year decline of 17.63 per cent.

Net revenue of the company declined substantially by 23.44 per cent at Rs 155.38 crore in January-March quarter of this fiscal as against Rs 202.96 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 23.19 per cent to Rs 135.00 crore from Rs 175.75 crore in year ago period.

Other Income grew by 22.63 per cent at Rs 4.66 crore versus (Mar'24 Rs 3.80 crore).

Operating Profit slipped by 9.48 per cent to Rs 24.63 crore as against Rs 27.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 18.20 per cent in March quarter.

Interest declined by 33.15 per cent y-o-y to Rs 2.46 crore, while Taxation increased by 48.69 per cent at Rs 5.10 crore (Mar'24 Rs 3.43 crore).