The company reported standalone net profit of Rs 6.83 crore for the quarter ended March 31, 2025 as compared to Rs 2.95 crore in the same period last year, registering a year-on-year growth of 131.53 per cent.

Net revenue of the company declined marginally by 1.13 per cent at Rs 123.72 crore in January-March quarter of this fiscal as against Rs 125.14 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 2.22 per cent to Rs 106.30 crore from Rs 108.71 crore in year ago period.

Other Income grew by 166.13 per cent at Rs 1.65 crore versus (Mar'24 Rs 0.62 crore).

Operating Profit surged by 6.03 per cent to Rs 17.42 crore as against Rs 16.43 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 7.24 per cent in March quarter.

Interest declined by 9.12 per cent y-o-y to Rs 5.78 crore, while Taxation decreased by 52.76 per cent at Rs 1.71 crore (Mar'24 Rs 3.62 crore).