The company reported standalone net profit of Rs 6.60 crore for the quarter ended March 31, 2025 as compared to Rs 12.59 crore in the same period last year, registering a year-on-year decline of 47.58 per cent.
Net revenue of the company declined substantially by 34.56 per cent at Rs 24.43 crore in January-March quarter of this fiscal as against Rs 37.33 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 28.68 per cent to Rs 14.55 crore from Rs 20.40 crore in year ago period.
Other Income grew by 73.48 per cent at Rs 2.29 crore versus (Mar'24 Rs 1.32 crore).
Operating Profit slipped by 41.64 per cent to Rs 9.88 crore as against Rs 16.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.85 per cent in March quarter.
Interest grew by 540.00 per cent y-o-y to Rs 0.96 crore, while Taxation decreased by 40.44 per cent at Rs 2.18 crore (Mar'24 Rs 3.66 crore).