The company reported standalone net profit of Rs 9.57 crore for the quarter ended March 31, 2025 as compared to Rs 12.31 crore in the same period last year, registering a year-on-year decline of 22.26 per cent.
Net revenue of the company rose substantially by 49.52 per cent at Rs 130.16 crore in January-March quarter of this fiscal as against Rs 87.05 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 80.97 per cent to Rs 124.96 crore from Rs 69.05 crore in year ago period.
Other Income grew by 0.85 per cent at Rs 15.39 crore versus (Mar'24 Rs 15.26 crore).
Operating Profit slipped by 71.06 per cent to Rs 5.21 crore as against Rs 18.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 80.66 per cent in March quarter.
Interest declined by 58.68 per cent y-o-y to Rs 5.38 crore, while Taxation decreased by 35.59 per cent at Rs 4.47 crore (Mar'24 Rs 6.94 crore).