The company reported standalone net profit of Rs 19.74 crore for the quarter ended March 31, 2025 as compared to Rs 17.35 crore in the same period last year, registering a year-on-year growth of 13.78 per cent.

Net revenue of the company declined substantially by 27.43 per cent at Rs 200.11 crore in January-March quarter of this fiscal as against Rs 275.74 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 29.05 per cent to Rs 181.91 crore from Rs 256.38 crore in year ago period.

Other Income grew by 46.02 per cent at Rs 11.55 crore versus (Mar'24 Rs 7.91 crore).

Operating Profit slipped by 5.99 per cent to Rs 18.20 crore as against Rs 19.36 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 29.49 per cent in March quarter.

Interest declined by 182.35 per cent y-o-y to Rs -0.28 crore, while Taxation decreased by 3.35 per cent at Rs 6.93 crore (Mar'24 Rs 7.17 crore).