The company reported standalone net profit of Rs 11.97 crore for the quarter ended March 31, 2025 as compared to Rs 17.64 crore in the same period last year, registering a year-on-year decline of 32.14 per cent.
Net revenue of the company declined substantially by 50.09 per cent at Rs 92.66 crore in January-March quarter of this fiscal as against Rs 185.64 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 59.47 per cent to Rs 66.89 crore from Rs 165.02 crore in year ago period.
Other Income dipped by 106.67 per cent at Rs -0.02 crore versus (Mar'24 Rs 0.30 crore).
Operating Profit surged by 24.92 per cent to Rs 25.77 crore as against Rs 20.63 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 150.32 per cent in March quarter.
Interest grew by 791.78 per cent y-o-y to Rs 6.51 crore, while Taxation increased by 0.00 per cent at Rs 4.04 crore (Mar'24 Rs 0.00 crore).