The company reported standalone net profit of Rs 11.21 crore for the quarter ended March 31, 2025 as compared to Rs 136.20 crore in the same period last year, registering a year-on-year decline of 91.77 per cent.

Net revenue of the company rose moderately by 6.41 per cent at Rs 69.90 crore in January-March quarter of this fiscal as against Rs 65.69 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 13.34 per cent to Rs 35.01 crore from Rs 30.89 crore in year ago period.

Other Income dipped by 55.76 per cent at Rs 0.73 crore versus (Mar'24 Rs 1.65 crore).

Operating Profit surged by 0.26 per cent to Rs 34.89 crore as against Rs 34.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.79 per cent in March quarter.

Interest grew by 9.41 per cent y-o-y to Rs 8.37 crore, while Taxation increased by 0.00 per cent at Rs 14.85 crore (Mar'24 Rs 0.00 crore).