The company reported standalone net profit of Rs 8.17 crore for the quarter ended March 31, 2025 as compared to Rs 11.52 crore in the same period last year, registering a year-on-year decline of 29.08 per cent.
Net revenue of the company declined moderately by 9.15 per cent at Rs 106.29 crore in January-March quarter of this fiscal as against Rs 116.99 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.14 per cent to Rs 100.69 crore from Rs 101.85 crore in year ago period.
Other Income grew by 51.59 per cent at Rs 12.40 crore versus (Mar'24 Rs 8.18 crore).
Operating Profit slipped by 63.01 per cent to Rs 5.60 crore as against Rs 15.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 59.27 per cent in March quarter.
Interest declined by 9.84 per cent y-o-y to Rs 1.10 crore, while Taxation decreased by 46.99 per cent at Rs 1.94 crore (Mar'24 Rs 3.66 crore).