The company reported standalone net profit of Rs 0.54 crore for the quarter ended March 31, 2025 as compared to Rs 0.89 crore in the same period last year, registering a year-on-year decline of 39.33 per cent.
Net revenue of the company rose substantially by 29.05 per cent at Rs 29.63 crore in January-March quarter of this fiscal as against Rs 22.96 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 34.43 per cent to Rs 28.15 crore from Rs 20.94 crore in year ago period.
Other Income grew by 36.36 per cent at Rs 0.15 crore versus (Mar'24 Rs 0.11 crore).
Operating Profit slipped by 26.73 per cent to Rs 1.48 crore as against Rs 2.02 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 43.05 per cent in March quarter.
Interest declined by 9.26 per cent y-o-y to Rs 0.49 crore, while Taxation decreased by 41.94 per cent at Rs 0.18 crore (Mar'24 Rs 0.31 crore).