The company reported standalone net profit of Rs 22.71 crore for the quarter ended March 31, 2025 as compared to Rs 20.98 crore in the same period last year, registering a year-on-year growth of 8.25 per cent.

Net revenue of the company declined marginally by 2.84 per cent at Rs 160.48 crore in January-March quarter of this fiscal as against Rs 165.17 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 3.21 per cent to Rs 142.55 crore from Rs 138.11 crore in year ago period.

Other Income grew by 53.92 per cent at Rs 15.33 crore versus (Mar'24 Rs 9.96 crore).

Operating Profit slipped by 33.76 per cent to Rs 17.93 crore as against Rs 27.07 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 31.79 per cent in March quarter.

Interest declined by 66.99 per cent y-o-y to Rs 0.69 crore, while Taxation decreased by 14.08 per cent at Rs 5.31 crore (Mar'24 Rs 6.18 crore).