The company reported standalone net profit of Rs 3.58 crore for the quarter ended March 31, 2025 as compared to Rs 8.11 crore in the same period last year, registering a year-on-year decline of 55.86 per cent.
Net revenue of the company declined moderately by 6.14 per cent at Rs 241.19 crore in January-March quarter of this fiscal as against Rs 256.98 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.54 per cent to Rs 232.26 crore from Rs 240.79 crore in year ago period.
Other Income grew by 10.66 per cent at Rs 1.35 crore versus (Mar'24 Rs 1.22 crore).
Operating Profit slipped by 44.84 per cent to Rs 8.93 crore as against Rs 16.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 41.27 per cent in March quarter.
Interest declined by 20.41 per cent y-o-y to Rs 1.95 crore, while Taxation decreased by 71.91 per cent at Rs 0.84 crore (Mar'24 Rs 2.99 crore).