The company reported standalone net profit of Rs 2.49 crore for the quarter ended March 31, 2025 as compared to Rs 2.96 crore in the same period last year, registering a year-on-year decline of 15.88 per cent.
Net revenue of the company declined substantially by 34.27 per cent at Rs 17.82 crore in January-March quarter of this fiscal as against Rs 27.11 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 36.65 per cent to Rs 14.76 crore from Rs 23.30 crore in year ago period.
Other Income grew by 32.56 per cent at Rs 0.57 crore versus (Mar'24 Rs 0.43 crore).
Operating Profit slipped by 19.69 per cent to Rs 3.06 crore as against Rs 3.81 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 22.05 per cent in March quarter.
Interest declined by 90.00 per cent y-o-y to Rs 0.01 crore, while Taxation decreased by 9.00 per cent at Rs 0.91 crore (Mar'24 Rs 1.00 crore).