The company reported standalone net profit of Rs 27.49 crore for the quarter ended March 31, 2025 as compared to Rs 65.73 crore in the same period last year, registering a year-on-year decline of 58.18 per cent.
Net revenue of the company declined moderately by 12.93 per cent at Rs 61.90 crore in January-March quarter of this fiscal as against Rs 71.09 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 7.53 per cent to Rs 76.33 crore from Rs 82.55 crore in year ago period.
Other Income dipped by 95.22 per cent at Rs 4.69 crore versus (Mar'24 Rs 98.19 crore).
Operating Profit surged by 16.56 per cent to Rs -13.37 crore as against Rs -11.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 33.85 per cent in March quarter.
Interest declined by 14.23 per cent y-o-y to Rs 8.86 crore, while Taxation increased by 14.86 per cent at Rs 9.43 crore (Mar'24 Rs 8.21 crore).