The company reported standalone net profit of Rs 8.97 crore for the quarter ended June 30, 2025 as compared to Rs 15.16 crore in the same period last year, registering a year-on-year decline of 40.83 per cent.

Net revenue of the company rose marginally by 2.69 per cent at Rs 388.32 crore in April-June quarter of this fiscal as against Rs 378.13 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 4.10 per cent to Rs 341.27 crore from Rs 327.83 crore in year ago period.

Other Income grew by 10.45 per cent at Rs 0.74 crore versus (Jun'24 Rs 0.67 crore).

Operating Profit slipped by 6.46 per cent to Rs 47.05 crore as against Rs 50.30 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.87 per cent in June quarter.

Interest declined by 3.30 per cent y-o-y to Rs 9.38 crore, while Taxation decreased by 35.90 per cent at Rs 3.16 crore (Jun'24 Rs 4.93 crore).