The company reported standalone net profit of Rs 0.27 crore for the quarter ended March 31, 2025 as compared to Rs 13.26 crore in the same period last year, registering a year-on-year decline of 97.96 per cent.
Net revenue of the company declined substantially by 93.54 per cent at Rs 6.78 crore in January-March quarter of this fiscal as against Rs 105.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 91.98 per cent to Rs 6.51 crore from Rs 81.14 crore in year ago period.
Other Income dipped by 81.36 per cent at Rs 0.55 crore versus (Mar'24 Rs 2.95 crore).
Operating Profit slipped by 98.87 per cent to Rs 0.27 crore as against Rs 23.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 82.40 per cent in March quarter.
Interest declined by 99.60 per cent y-o-y to Rs 0.01 crore, while Taxation decreased by 95.37 per cent at Rs 0.18 crore (Mar'24 Rs 3.89 crore).