The company reported standalone net profit of Rs 3.06 crore for the quarter ended March 31, 2025 as compared to Rs 5.14 crore in the same period last year, registering a year-on-year decline of 40.47 per cent.
Net revenue of the company declined moderately by 7.39 per cent at Rs 189.47 crore in January-March quarter of this fiscal as against Rs 204.60 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 6.80 per cent to Rs 169.77 crore from Rs 182.16 crore in year ago period.
Other Income dipped by 8.82 per cent at Rs 0.31 crore versus (Mar'24 Rs 0.34 crore).
Operating Profit slipped by 12.17 per cent to Rs 19.71 crore as against Rs 22.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5.20 per cent in March quarter.
Interest declined by 5.40 per cent y-o-y to Rs 2.63 crore, while Taxation decreased by 65.57 per cent at Rs 0.94 crore (Mar'24 Rs 2.73 crore).