The company reported standalone net profit of Rs 2.94 crore for the quarter ended March 31, 2025 as compared to Rs 3.47 crore in the same period last year, registering a year-on-year decline of 15.27 per cent.

Net revenue of the company rose substantially by 23.19 per cent at Rs 228.90 crore in January-March quarter of this fiscal as against Rs 185.81 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 20.58 per cent to Rs 219.04 crore from Rs 181.65 crore in year ago period.

Other Income dipped by 32.22 per cent at Rs 3.24 crore versus (Mar'24 Rs 4.78 crore).

Operating Profit surged by 137.02 per cent to Rs 9.86 crore as against Rs 4.16 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 92.41 per cent in March quarter.

Interest grew by 2.82 per cent y-o-y to Rs 3.65 crore, while Taxation increased by 240.59 per cent at Rs 1.42 crore (Mar'24 Rs -1.01 crore).