The company reported standalone net profit of Rs 9.34 crore for the quarter ended March 31, 2025 as compared to Rs 17.22 crore in the same period last year, registering a year-on-year decline of 45.76 per cent.
Net revenue of the company declined substantially by 39.31 per cent at Rs 64.50 crore in January-March quarter of this fiscal as against Rs 106.27 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 41.78 per cent to Rs 50.13 crore from Rs 86.10 crore in year ago period.
Other Income grew by 60.85 per cent at Rs 3.41 crore versus (Mar'24 Rs 2.12 crore).
Operating Profit slipped by 33.41 per cent to Rs 14.37 crore as against Rs 21.58 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 9.75 per cent in March quarter.
Interest grew by 52.88 per cent y-o-y to Rs 3.18 crore, while Taxation increased by 18.87 per cent at Rs 4.85 crore (Mar'24 Rs 4.08 crore).