The company reported standalone net profit of Rs 3.70 crore for the quarter ended March 31, 2025 as compared to Rs 6.63 crore in the same period last year, registering a year-on-year decline of 44.19 per cent.
Net revenue of the company declined moderately by 14.64 per cent at Rs 74.08 crore in January-March quarter of this fiscal as against Rs 86.79 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 10.01 per cent to Rs 64.52 crore from Rs 71.70 crore in year ago period.
Other Income grew by 10.87 per cent at Rs 0.51 crore versus (Mar'24 Rs 0.46 crore).
Operating Profit slipped by 36.65 per cent to Rs 9.56 crore as against Rs 15.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.76 per cent in March quarter.
Interest declined by 47.56 per cent y-o-y to Rs 1.18 crore, while Taxation decreased by 38.92 per cent at Rs 2.26 crore (Mar'24 Rs 3.70 crore).