The company reported standalone net profit of Rs 1.09 crore for the quarter ended March 31, 2025 as compared to Rs 4.71 crore in the same period last year, registering a year-on-year decline of 76.86 per cent.
Net revenue of the company declined substantially by 61.04 per cent at Rs 15.25 crore in January-March quarter of this fiscal as against Rs 39.14 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 63.87 per cent to Rs 13.01 crore from Rs 36.01 crore in year ago period.
Other Income grew by 2.63 per cent at Rs 0.39 crore versus (Mar'24 Rs 0.38 crore).
Operating Profit slipped by 28.44 per cent to Rs 2.29 crore as against Rs 3.20 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 84.09 per cent in March quarter.
Interest grew by 600.00 per cent y-o-y to Rs 0.14 crore, while Taxation increased by 182.35 per cent at Rs 0.98 crore (Mar'24 Rs -1.19 crore).