The company reported standalone net profit of Rs 3.15 crore for the quarter ended March 31, 2025 as compared to Rs 4.30 crore in the same period last year, registering a year-on-year decline of 26.74 per cent.
Net revenue of the company declined substantially by 20.52 per cent at Rs 13.75 crore in January-March quarter of this fiscal as against Rs 17.30 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 17.11 per cent to Rs 10.27 crore from Rs 12.39 crore in year ago period.
Other Income grew by 20.87 per cent at Rs 1.39 crore versus (Mar'24 Rs 1.15 crore).
Operating Profit slipped by 28.92 per cent to Rs 3.49 crore as against Rs 4.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.67 per cent in March quarter.
Interest grew by 16.67 per cent y-o-y to Rs 0.28 crore, while Taxation decreased by 9.70 per cent at Rs 1.21 crore (Mar'24 Rs 1.34 crore).