The company reported standalone net profit of Rs 16.37 crore for the quarter ended March 31, 2025 as compared to Rs 21.52 crore in the same period last year, registering a year-on-year decline of 23.93 per cent.

Net revenue of the company rose moderately by 16.43 per cent at Rs 81.19 crore in January-March quarter of this fiscal as against Rs 69.73 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 22.85 per cent to Rs 40.38 crore from Rs 32.87 crore in year ago period.

Other Income dipped by 50.00 per cent at Rs 0.19 crore versus (Mar'24 Rs 0.38 crore).

Operating Profit surged by 10.72 per cent to Rs 40.81 crore as against Rs 36.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.90 per cent in March quarter.

Interest grew by 115.38 per cent y-o-y to Rs 3.08 crore, while Taxation increased by 37.54 per cent at Rs 12.53 crore (Mar'24 Rs 9.11 crore).