The company reported standalone net profit of Rs 0.34 crore for the quarter ended March 31, 2025 as compared to Rs 0.86 crore in the same period last year, registering a year-on-year decline of 60.47 per cent.
Net revenue of the company declined substantially by 23.02 per cent at Rs 9.83 crore in January-March quarter of this fiscal as against Rs 12.77 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 34.93 per cent to Rs 10.06 crore from Rs 15.46 crore in year ago period.
Other Income dipped by 69.68 per cent at Rs 1.71 crore versus (Mar'24 Rs 5.64 crore).
Operating Profit slipped by 91.42 per cent to Rs -0.23 crore as against Rs -2.68 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 88.73 per cent in March quarter.
Interest declined by 45.99 per cent y-o-y to Rs 0.74 crore, while Taxation decreased by 276.92 per cent at Rs -0.23 crore (Mar'24 Rs 0.13 crore).