The company reported standalone net profit of Rs 7.60 crore for the quarter ended March 31, 2025 as compared to Rs 23.62 crore in the same period last year, registering a year-on-year decline of 67.82 per cent.
Net revenue of the company declined substantially by 27.27 per cent at Rs 45.39 crore in January-March quarter of this fiscal as against Rs 62.41 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 15.03 per cent to Rs 30.62 crore from Rs 26.62 crore in year ago period.
Other Income grew by 109.09 per cent at Rs 0.46 crore versus (Mar'24 Rs 0.22 crore).
Operating Profit slipped by 58.73 per cent to Rs 14.77 crore as against Rs 35.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 43.26 per cent in March quarter.
Interest grew by 5.58 per cent y-o-y to Rs 4.35 crore, while Taxation decreased by 67.93 per cent at Rs 2.45 crore (Mar'24 Rs 7.64 crore).