The company reported standalone net profit of Rs 37.17 crore for the quarter ended March 31, 2025 as compared to Rs 36.75 crore in the same period last year, registering a year-on-year growth of 1.14 per cent.

Net revenue of the company rose moderately by 11.94 per cent at Rs 60.20 crore in January-March quarter of this fiscal as against Rs 53.78 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 25.88 per cent to Rs 1.07 crore from Rs 0.85 crore in year ago period.

Operating Profit surged by 11.69 per cent to Rs 59.12 crore as against Rs 52.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.21 per cent in March quarter.

Interest grew by 34.15 per cent y-o-y to Rs 21.29 crore, while Taxation increased by 116.13 per cent at Rs 0.67 crore (Mar'24 Rs 0.31 crore).