The company reported standalone net profit of Rs 80.76 crore for the quarter ended March 31, 2025 as compared to Rs 97.43 crore in the same period last year, registering a year-on-year decline of 17.11 per cent.

Net revenue of the company declined marginally by 1.91 per cent at Rs 181.54 crore in January-March quarter of this fiscal as against Rs 185.08 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 29.32 per cent to Rs 91.44 crore from Rs 70.71 crore in year ago period.

Other Income grew by 19.51 per cent at Rs 23.46 crore versus (Mar'24 Rs 19.63 crore).

Operating Profit slipped by 21.23 per cent to Rs 90.09 crore as against Rs 114.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.69 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.04 crore, while Taxation decreased by 30.78 per cent at Rs 20.87 crore (Mar'24 Rs 30.15 crore).