The company reported standalone net profit of Rs 9.30 crore for the quarter ended March 31, 2025 as compared to Rs 25.94 crore in the same period last year, registering a year-on-year decline of 64.15 per cent.
Net revenue of the company declined substantially by 33.61 per cent at Rs 495.41 crore in January-March quarter of this fiscal as against Rs 746.19 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 31.38 per cent to Rs 491.33 crore from Rs 716.03 crore in year ago period.
Other Income dipped by 1.94 per cent at Rs 13.68 crore versus (Mar'24 Rs 13.95 crore).
Operating Profit slipped by 86.48 per cent to Rs 4.08 crore as against Rs 30.17 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 79.70 per cent in March quarter.
Interest declined by 82.19 per cent y-o-y to Rs 1.45 crore, while Taxation decreased by 40.86 per cent at Rs 5.37 crore (Mar'24 Rs 9.08 crore).