The company reported standalone net profit of Rs 0.15 crore for the quarter ended March 31, 2025 as compared to Rs 3.55 crore in the same period last year, registering a year-on-year decline of 95.77 per cent.
Net revenue of the company declined substantially by 28.61 per cent at Rs 72.78 crore in January-March quarter of this fiscal as against Rs 101.94 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 30.54 per cent to Rs 62.88 crore from Rs 90.53 crore in year ago period.
Other Income grew by 320.00 per cent at Rs 0.21 crore versus (Mar'24 Rs 0.05 crore).
Operating Profit slipped by 13.25 per cent to Rs 10.15 crore as against Rs 11.70 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 21.52 per cent in March quarter.
Interest grew by 2.03 per cent y-o-y to Rs 4.03 crore, while Taxation increased by 305.13 per cent at Rs 1.58 crore (Mar'24 Rs 0.39 crore).