The company reported standalone net profit of Rs 19.44 crore for the quarter ended March 31, 2025 as compared to Rs 32.89 crore in the same period last year, registering a year-on-year decline of 40.89 per cent.
Net revenue of the company declined moderately by 8.88 per cent at Rs 107.95 crore in January-March quarter of this fiscal as against Rs 118.47 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.18 per cent to Rs 87.79 crore from Rs 89.75 crore in year ago period.
Other Income dipped by 43.42 per cent at Rs 7.65 crore versus (Mar'24 Rs 13.52 crore).
Operating Profit slipped by 29.84 per cent to Rs 20.15 crore as against Rs 28.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 22.98 per cent in March quarter.
Interest declined by 36.36 per cent y-o-y to Rs 0.21 crore, while Taxation decreased by 19.46 per cent at Rs 6.29 crore (Mar'24 Rs 7.81 crore).