The company reported standalone net profit of Rs 6.31 crore for the quarter ended March 31, 2025 as compared to Rs 9.92 crore in the same period last year, registering a year-on-year decline of 36.39 per cent.
Net revenue of the company declined marginally by 4.08 per cent at Rs 19.74 crore in January-March quarter of this fiscal as against Rs 20.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 36.49 per cent to Rs 9.50 crore from Rs 6.96 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.02 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 24.89 per cent to Rs 10.23 crore as against Rs 13.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.65 per cent in March quarter.
Interest declined by 20.00 per cent y-o-y to Rs 0.08 crore, while Taxation decreased by 0.59 per cent at Rs 3.38 crore (Mar'24 Rs 3.40 crore).