The company reported standalone net profit of Rs 2.95 crore for the quarter ended March 31, 2025 as compared to Rs 7.18 crore in the same period last year, registering a year-on-year decline of 58.91 per cent.
Net revenue of the company declined substantially by 40.58 per cent at Rs 31.48 crore in January-March quarter of this fiscal as against Rs 52.98 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 54.50 per cent to Rs 19.22 crore from Rs 42.24 crore in year ago period.
Other Income grew by 167.15 per cent at Rs 3.66 crore versus (Mar'24 Rs 1.37 crore).
Operating Profit surged by 14.15 per cent to Rs 12.26 crore as against Rs 10.74 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 92.11 per cent in March quarter.
Interest grew by 58.33 per cent y-o-y to Rs 0.57 crore, while Taxation increased by 21.97 per cent at Rs 3.83 crore (Mar'24 Rs 3.14 crore).