The company reported standalone net profit of Rs 1.65 crore for the quarter ended March 31, 2025 as compared to Rs 3.72 crore in the same period last year, registering a year-on-year decline of 55.65 per cent.
Net revenue of the company declined marginally by 2.15 per cent at Rs 22.33 crore in January-March quarter of this fiscal as against Rs 22.82 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 18.95 per cent to Rs 19.90 crore from Rs 16.73 crore in year ago period.
Other Income grew by 1680.00 per cent at Rs 0.79 crore versus (Mar'24 Rs -0.05 crore).
Operating Profit slipped by 60.10 per cent to Rs 2.43 crore as against Rs 6.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 59.27 per cent in March quarter.
Interest declined by 60.00 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 54.68 per cent at Rs 0.63 crore (Mar'24 Rs 1.39 crore).