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(07/08/2025 19:50)

Baid Finserv Q1 net profit up 28.85% at Rs 4.02 cr

The company reported standalone net profit of Rs 4.02 crore for the quarter ended June 30, 2025 as compared to Rs 3.12 crore in the same period last year, registering a year-on-year growth of 28.85 per cent.

Net revenue of the company rose substantially by 25.95 per cent at Rs 23.78 crore in April-June quarter of this fiscal as against Rs 18.88 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 28.39 per cent to Rs 10.31 crore from Rs 8.03 crore in year ago period.

Other Income dipped by 72.34 per cent at Rs 0.13 crore versus (Jun'24 Rs 0.47 crore).

Operating Profit surged by 24.15 per cent to Rs 13.47 crore as against Rs 10.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.41 per cent in June quarter.

Interest grew by 12.69 per cent y-o-y to Rs 7.99 crore, while Taxation increased by 32.35 per cent at Rs 1.35 crore (Jun'24 Rs 1.02 crore).