The company reported standalone net profit of Rs 1.58 crore for the quarter ended March 31, 2025 as compared to Rs 0.85 crore in the same period last year, registering a year-on-year growth of 85.88 per cent.
Net revenue of the company rose moderately by 17.91 per cent at Rs 58.47 crore in January-March quarter of this fiscal as against Rs 49.59 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 31.04 per cent to Rs 57.24 crore from Rs 43.68 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 2.31 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 83.71 per cent to Rs 1.24 crore as against Rs 7.61 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 86.25 per cent in March quarter.
Interest grew by 45.24 per cent y-o-y to Rs 2.44 crore, while Taxation decreased by 988.24 per cent at Rs -6.04 crore (Mar'24 Rs 0.68 crore).