The company reported standalone net profit of Rs 7.24 crore for the quarter ended March 31, 2025 as compared to Rs 11.97 crore in the same period last year, registering a year-on-year decline of 39.52 per cent.

Net revenue of the company rose substantially by 44.39 per cent at Rs 80.90 crore in January-March quarter of this fiscal as against Rs 56.03 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 57.29 per cent to Rs 65.07 crore from Rs 41.37 crore in year ago period.

Other Income grew by 184.51 per cent at Rs 2.02 crore versus (Mar'24 Rs 0.71 crore).

Operating Profit surged by 7.91 per cent to Rs 15.82 crore as against Rs 14.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.23 per cent in March quarter.

Interest grew by 30.77 per cent y-o-y to Rs 1.87 crore, while Taxation increased by 296.67 per cent at Rs 5.90 crore (Mar'24 Rs -3.00 crore).