The company reported standalone net profit of Rs 11.99 crore for the quarter ended March 31, 2025 as compared to Rs 17.12 crore in the same period last year, registering a year-on-year decline of 29.96 per cent.
Net revenue of the company declined moderately by 16.93 per cent at Rs 139.54 crore in January-March quarter of this fiscal as against Rs 167.98 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.24 per cent to Rs 134.14 crore from Rs 140.08 crore in year ago period.
Other Income grew by 386.08 per cent at Rs 7.68 crore versus (Mar'24 Rs 1.58 crore).
Operating Profit slipped by 80.68 per cent to Rs 5.39 crore as against Rs 27.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 76.76 per cent in March quarter.
Interest grew by 32.81 per cent y-o-y to Rs 3.36 crore, while Taxation decreased by 82.81 per cent at Rs 0.99 crore (Mar'24 Rs 5.76 crore).