The company reported standalone net profit of Rs 2.70 crore for the quarter ended March 31, 2025 as compared to Rs 3.95 crore in the same period last year, registering a year-on-year decline of 31.65 per cent.
Net revenue of the company declined substantially by 28.66 per cent at Rs 25.31 crore in January-March quarter of this fiscal as against Rs 35.48 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 21.46 per cent to Rs 21.63 crore from Rs 27.54 crore in year ago period.
Other Income dipped by 16.67 per cent at Rs 0.05 crore versus (Mar'24 Rs 0.06 crore).
Operating Profit slipped by 41.36 per cent to Rs 4.65 crore as against Rs 7.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.89 per cent in March quarter.
Interest declined by 32.14 per cent y-o-y to Rs 1.33 crore, while Taxation decreased by 78.98 per cent at Rs 0.37 crore (Mar'24 Rs 1.76 crore).