The company reported standalone net profit of Rs 31.83 crore for the quarter ended March 31, 2025 as compared to Rs 6.82 crore in the same period last year, registering a year-on-year growth of 366.72 per cent.

Net revenue of the company rose substantially by 20.60 per cent at Rs 99.94 crore in January-March quarter of this fiscal as against Rs 82.87 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 61.59 per cent to Rs 113.66 crore from Rs 70.34 crore in year ago period.

Other Income grew by 16204.55 per cent at Rs 35.87 crore versus (Mar'24 Rs 0.22 crore).

Operating Profit slipped by 209.50 per cent to Rs -13.72 crore as against Rs 12.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 190.81 per cent in March quarter.

Interest grew by 17.73 per cent y-o-y to Rs 1.66 crore, while Taxation decreased by 931.35 per cent at Rs -20.95 crore (Mar'24 Rs 2.52 crore).