The company reported standalone net profit of Rs 5.67 crore for the quarter ended March 31, 2025 as compared to Rs 12.16 crore in the same period last year, registering a year-on-year decline of 53.37 per cent.
Net revenue of the company declined moderately by 12.65 per cent at Rs 36.13 crore in January-March quarter of this fiscal as against Rs 41.36 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.33 per cent to Rs 27.56 crore from Rs 25.92 crore in year ago period.
Other Income dipped by 86.44 per cent at Rs 0.32 crore versus (Mar'24 Rs 2.36 crore).
Operating Profit slipped by 44.49 per cent to Rs 8.57 crore as against Rs 15.44 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 36.47 per cent in March quarter.
Interest declined by 39.49 per cent y-o-y to Rs 0.95 crore, while Taxation decreased by 46.56 per cent at Rs 2.02 crore (Mar'24 Rs 3.78 crore).