The company reported standalone net profit of Rs 0.58 crore for the quarter ended March 31, 2025 as compared to Rs 2.15 crore in the same period last year, registering a year-on-year decline of 73.02 per cent.
Net revenue of the company declined substantially by 49.77 per cent at Rs 16.38 crore in January-March quarter of this fiscal as against Rs 32.61 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 47.32 per cent to Rs 16.23 crore from Rs 30.81 crore in year ago period.
Operating Profit slipped by 78.20 per cent to Rs 0.46 crore as against Rs 2.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 57.10 per cent in March quarter.
Taxation increased by 153.85 per cent at Rs -0.33 crore (Mar'24 Rs -0.13 crore).