The company reported standalone net profit of Rs 4.70 crore for the quarter ended March 31, 2025 as compared to Rs 7.40 crore in the same period last year, registering a year-on-year decline of 36.49 per cent.
Net revenue of the company rose substantially by 25.09 per cent at Rs 66.30 crore in January-March quarter of this fiscal as against Rs 53.00 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 23.38 per cent to Rs 68.60 crore from Rs 55.60 crore in year ago period.
Other Income dipped by 93.62 per cent at Rs 0.30 crore versus (Mar'24 Rs 4.70 crore).
Operating Profit surged by 18.67 per cent to Rs 8.90 crore as against Rs 7.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.16 per cent in March quarter.
Interest grew by 133.33 per cent y-o-y to Rs 2.10 crore, while Taxation decreased by 50.00 per cent at Rs 1.50 crore (Mar'24 Rs 3.00 crore).