The company reported standalone net profit of Rs 0.09 crore for the quarter ended March 31, 2025 as compared to Rs 3.25 crore in the same period last year, registering a year-on-year decline of 97.23 per cent.
Net revenue of the company declined substantially by 23.35 per cent at Rs 718.76 crore in January-March quarter of this fiscal as against Rs 937.74 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 22.67 per cent to Rs 721.27 crore from Rs 932.68 crore in year ago period.
Other Income grew by 61.29 per cent at Rs 0.50 crore versus (Mar'24 Rs 0.31 crore).
Operating Profit slipped by 98.42 per cent to Rs 0.08 crore as against Rs 5.07 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 98.15 per cent in March quarter.
Interest grew by 57.14 per cent y-o-y to Rs 0.11 crore, while Taxation decreased by 89.78 per cent at Rs 0.19 crore (Mar'24 Rs 1.86 crore).