The company reported standalone net profit of Rs 5.61 crore for the quarter ended March 31, 2025 as compared to Rs 6.22 crore in the same period last year, registering a year-on-year decline of 9.81 per cent.
Net revenue of the company declined moderately by 13.53 per cent at Rs 81.78 crore in January-March quarter of this fiscal as against Rs 94.58 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 12.24 per cent to Rs 73.95 crore from Rs 84.26 crore in year ago period.
Other Income dipped by 55.61 per cent at Rs 0.99 crore versus (Mar'24 Rs 2.23 crore).
Operating Profit slipped by 24.13 per cent to Rs 7.83 crore as against Rs 10.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.19 per cent in March quarter.
Interest declined by 4.37 per cent y-o-y to Rs 3.94 crore, while Taxation decreased by 720.00 per cent at Rs -2.79 crore (Mar'24 Rs 0.45 crore).