The company reported standalone net profit of Rs 88.62 crore for the quarter ended March 31, 2025 as compared to Rs 105.12 crore in the same period last year, registering a year-on-year decline of 15.70 per cent.

Net revenue of the company rose marginally by 1.61 per cent at Rs 192.01 crore in January-March quarter of this fiscal as against Rs 188.97 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 19.01 per cent to Rs 85.33 crore from Rs 71.70 crore in year ago period.

Other Income dipped by 36.75 per cent at Rs 19.55 crore versus (Mar'24 Rs 30.91 crore).

Operating Profit slipped by 9.04 per cent to Rs 106.68 crore as against Rs 117.28 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.47 per cent in March quarter.

Interest grew by 247.06 per cent y-o-y to Rs 1.18 crore, while Taxation decreased by 24.86 per cent at Rs 23.21 crore (Mar'24 Rs 30.89 crore).