The company reported standalone net profit of Rs 2.65 crore for the quarter ended March 31, 2025 as compared to Rs 5.67 crore in the same period last year, registering a year-on-year decline of 53.26 per cent.
Net revenue of the company declined substantially by 31.91 per cent at Rs 22.08 crore in January-March quarter of this fiscal as against Rs 32.43 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 13.74 per cent to Rs 18.45 crore from Rs 21.39 crore in year ago period.
Other Income grew by 1500.00 per cent at Rs 4.64 crore versus (Mar'24 Rs 0.29 crore).
Operating Profit slipped by 67.12 per cent to Rs 3.63 crore as against Rs 11.04 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.75 per cent in March quarter.
Interest grew by 20.25 per cent y-o-y to Rs 1.90 crore, while Taxation decreased by 65.79 per cent at Rs 1.04 crore (Mar'24 Rs 3.04 crore).