The company reported standalone net profit of Rs 13.66 crore for the quarter ended March 31, 2025 as compared to Rs 47.95 crore in the same period last year, registering a year-on-year decline of 71.51 per cent.
Net revenue of the company declined substantially by 83.44 per cent at Rs 13.34 crore in January-March quarter of this fiscal as against Rs 80.54 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 37.02 per cent to Rs 5.29 crore from Rs 8.40 crore in year ago period.
Other Income grew by 31.03 per cent at Rs 2.66 crore versus (Mar'24 Rs 2.03 crore).
Operating Profit slipped by 88.84 per cent to Rs 8.05 crore as against Rs 72.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 32.66 per cent in March quarter.
Interest declined by 82.61 per cent y-o-y to Rs 0.08 crore, while Taxation decreased by 116.00 per cent at Rs -3.99 crore (Mar'24 Rs 24.94 crore).