The company reported standalone net profit of Rs 10.54 crore for the quarter ended March 31, 2025 as compared to Rs 110.86 crore in the same period last year, registering a year-on-year decline of 90.49 per cent.
Net revenue of the company declined substantially by 85.53 per cent at Rs 38.81 crore in January-March quarter of this fiscal as against Rs 268.24 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 81.68 per cent to Rs 22.07 crore from Rs 120.50 crore in year ago period.
Other Income dipped by 25.00 per cent at Rs 0.18 crore versus (Mar'24 Rs 0.24 crore).
Operating Profit slipped by 88.68 per cent to Rs 16.73 crore as against Rs 147.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.71 per cent in March quarter.
Interest grew by 16.67 per cent y-o-y to Rs 0.21 crore, while Taxation decreased by 87.66 per cent at Rs 4.31 crore (Mar'24 Rs 34.92 crore).