The company reported standalone net profit of Rs 0.58 crore for the quarter ended March 31, 2025 as compared to Rs 1.96 crore in the same period last year, registering a year-on-year decline of 70.41 per cent.
Net revenue of the company declined substantially by 39.81 per cent at Rs 6.20 crore in January-March quarter of this fiscal as against Rs 10.30 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 27.08 per cent to Rs 5.95 crore from Rs 8.16 crore in year ago period.
Other Income grew by 7.89 per cent at Rs 0.41 crore versus (Mar'24 Rs 0.38 crore).
Operating Profit slipped by 78.30 per cent to Rs 0.51 crore as against Rs 2.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 63.97 per cent in March quarter.
Interest declined by 33.33 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 83.02 per cent at Rs 0.09 crore (Mar'24 Rs 0.53 crore).