The company reported standalone net profit of Rs 12.63 crore for the quarter ended March 31, 2025 as compared to Rs 6.03 crore in the same period last year, registering a year-on-year growth of 109.45 per cent.

Net revenue of the company declined moderately by 10.34 per cent at Rs 134.94 crore in January-March quarter of this fiscal as against Rs 150.50 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 6.14 per cent to Rs 127.04 crore from Rs 119.69 crore in year ago period.

Other Income grew by 977.84 per cent at Rs 37.94 crore versus (Mar'24 Rs 3.52 crore).

Operating Profit slipped by 74.36 per cent to Rs 7.90 crore as against Rs 30.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 71.42 per cent in March quarter.

Interest declined by 10.66 per cent y-o-y to Rs 8.30 crore, while Taxation increased by 2300.00 per cent at Rs 7.92 crore (Mar'24 Rs 0.33 crore).