The company reported standalone net profit of Rs 14.50 crore for the quarter ended March 31, 2025 as compared to Rs 4.50 crore in the same period last year, registering a year-on-year growth of 222.22 per cent.
Net revenue of the company rose substantially by 25.77 per cent at Rs 115.68 crore in January-March quarter of this fiscal as against Rs 91.98 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 26.24 per cent to Rs 89.78 crore from Rs 71.12 crore in year ago period.
Other Income grew by 32.76 per cent at Rs 0.77 crore versus (Mar'24 Rs 0.58 crore).
Operating Profit surged by 24.16 per cent to Rs 25.90 crore as against Rs 20.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.28 per cent in March quarter.
Interest declined by 18.63 per cent y-o-y to Rs 2.49 crore, while Taxation increased by 162.29 per cent at Rs 4.59 crore (Mar'24 Rs 1.75 crore).