The company reported standalone net profit of Rs 0.53 crore for the quarter ended March 31, 2025 as compared to Rs 4.69 crore in the same period last year, registering a year-on-year decline of 88.70 per cent.

Net revenue of the company rose moderately by 8.82 per cent at Rs 340.30 crore in January-March quarter of this fiscal as against Rs 312.73 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 11.89 per cent to Rs 328.03 crore from Rs 293.16 crore in year ago period.

Other Income dipped by 5.35 per cent at Rs 1.77 crore versus (Mar'24 Rs 1.87 crore).

Operating Profit slipped by 37.30 per cent to Rs 12.27 crore as against Rs 19.57 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 42.33 per cent in March quarter.

Interest grew by 1.96 per cent y-o-y to Rs 10.94 crore, while Taxation decreased by 108.09 per cent at Rs -0.28 crore (Mar'24 Rs 3.46 crore).