The company reported standalone net profit of Rs 2.68 crore for the quarter ended March 31, 2025 as compared to Rs 4.60 crore in the same period last year, registering a year-on-year decline of 41.74 per cent.
Net revenue of the company rose moderately by 14.68 per cent at Rs 32.88 crore in January-March quarter of this fiscal as against Rs 28.67 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 24.88 per cent to Rs 28.11 crore from Rs 22.51 crore in year ago period.
Other Income grew by 247.83 per cent at Rs 0.80 crore versus (Mar'24 Rs 0.23 crore).
Operating Profit slipped by 22.56 per cent to Rs 4.77 crore as against Rs 6.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 32.51 per cent in March quarter.
Interest declined by 42.86 per cent y-o-y to Rs 0.20 crore, while Taxation increased by 314.29 per cent at Rs 2.03 crore (Mar'24 Rs 0.49 crore).