The company reported standalone net profit of Rs 0.10 crore for the quarter ended March 31, 2025 as compared to Rs 1.00 crore in the same period last year, registering a year-on-year decline of 90.00 per cent.
Net revenue of the company declined substantially by 21.60 per cent at Rs 14.34 crore in January-March quarter of this fiscal as against Rs 18.29 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 17.36 per cent to Rs 10.28 crore from Rs 12.44 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 3.09 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 30.72 per cent to Rs 4.06 crore as against Rs 5.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.56 per cent in March quarter.
Interest grew by 62.44 per cent y-o-y to Rs 6.79 crore, while Taxation decreased by 62.69 per cent at Rs 0.25 crore (Mar'24 Rs 0.67 crore).