The company reported standalone net profit of Rs 2.05 crore for the quarter ended March 31, 2025 as compared to Rs 19.36 crore in the same period last year, registering a year-on-year decline of 89.41 per cent.
Net revenue of the company declined substantially by 56.78 per cent at Rs 15.74 crore in January-March quarter of this fiscal as against Rs 36.42 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 25.58 per cent to Rs 11.83 crore from Rs 9.42 crore in year ago period.
Other Income grew by 116.67 per cent at Rs 0.13 crore versus (Mar'24 Rs 0.06 crore).
Operating Profit slipped by 85.56 per cent to Rs 3.90 crore as against Rs 27.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 66.53 per cent in March quarter.
Interest grew by 6.06 per cent y-o-y to Rs 0.70 crore, while Taxation decreased by 89.62 per cent at Rs 0.68 crore (Mar'24 Rs 6.55 crore).