The company reported standalone net profit of Rs 2.55 crore for the quarter ended March 31, 2025 as compared to Rs 2.78 crore in the same period last year, registering a year-on-year decline of 8.27 per cent.
Net revenue of the company rose moderately by 10.65 per cent at Rs 70.04 crore in January-March quarter of this fiscal as against Rs 63.30 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 15.59 per cent to Rs 65.17 crore from Rs 56.38 crore in year ago period.
Other Income grew by 112.20 per cent at Rs 0.87 crore versus (Mar'24 Rs 0.41 crore).
Operating Profit slipped by 29.58 per cent to Rs 4.88 crore as against Rs 6.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 36.38 per cent in March quarter.
Interest declined by 218.37 per cent y-o-y to Rs -1.16 crore, while Taxation increased by 93.41 per cent at Rs 1.76 crore (Mar'24 Rs 0.91 crore).