The company reported standalone net profit of Rs 12.57 crore for the quarter ended March 31, 2025 as compared to Rs 8.59 crore in the same period last year, registering a year-on-year growth of 46.33 per cent.

Net revenue of the company declined marginally by 2.56 per cent at Rs 92.16 crore in January-March quarter of this fiscal as against Rs 94.58 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 1.19 per cent to Rs 77.29 crore from Rs 76.38 crore in year ago period.

Other Income grew by 18.08 per cent at Rs 4.05 crore versus (Mar'24 Rs 3.43 crore).

Operating Profit slipped by 18.30 per cent to Rs 14.87 crore as against Rs 18.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.16 per cent in March quarter.

Interest grew by 11.72 per cent y-o-y to Rs 2.67 crore, while Taxation decreased by 105.82 per cent at Rs -0.41 crore (Mar'24 Rs 7.05 crore).