The company reported standalone net profit of Rs 6.23 crore for the quarter ended March 31, 2025 as compared to Rs 11.20 crore in the same period last year, registering a year-on-year decline of 44.38 per cent.
Net revenue of the company declined marginally by 1.43 per cent at Rs 249.17 crore in January-March quarter of this fiscal as against Rs 252.79 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 6.26 per cent to Rs 244.85 crore from Rs 230.42 crore in year ago period.
Other Income grew by 31.27 per cent at Rs 12.09 crore versus (Mar'24 Rs 9.21 crore).
Operating Profit slipped by 80.69 per cent to Rs 4.32 crore as against Rs 22.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 80.45 per cent in March quarter.
Interest declined by 29.76 per cent y-o-y to Rs 0.59 crore, while Taxation decreased by 59.95 per cent at Rs 1.73 crore (Mar'24 Rs 4.32 crore).