The company reported standalone net profit of Rs 3.38 crore for the quarter ended March 31, 2025 as compared to Rs 17.65 crore in the same period last year, registering a year-on-year decline of 80.85 per cent.
Net revenue of the company declined substantially by 75.94 per cent at Rs 14.93 crore in January-March quarter of this fiscal as against Rs 62.05 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 72.70 per cent to Rs 11.14 crore from Rs 40.80 crore in year ago period.
Other Income grew by 64.71 per cent at Rs 0.28 crore versus (Mar'24 Rs 0.17 crore).
Operating Profit slipped by 82.16 per cent to Rs 3.79 crore as against Rs 21.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.93 per cent in March quarter.
Interest grew by 250.00 per cent y-o-y to Rs 0.07 crore, while Taxation decreased by 96.04 per cent at Rs 0.13 crore (Mar'24 Rs 3.28 crore).