The company reported standalone net profit of Rs 16.91 crore for the quarter ended March 31, 2025 as compared to Rs 15.56 crore in the same period last year, registering a year-on-year growth of 8.68 per cent.

Net revenue of the company rose substantially by 28.80 per cent at Rs 269.73 crore in January-March quarter of this fiscal as against Rs 209.42 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 30.54 per cent to Rs 232.52 crore from Rs 178.12 crore in year ago period.

Other Income dipped by 49.69 per cent at Rs 3.26 crore versus (Mar'24 Rs 6.48 crore).

Operating Profit surged by 18.88 per cent to Rs 37.21 crore as against Rs 31.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.69 per cent in March quarter.

Interest grew by 19.44 per cent y-o-y to Rs 3.44 crore, while Taxation decreased by 20.25 per cent at Rs 5.12 crore (Mar'24 Rs 6.42 crore).