The company reported standalone net profit of Rs 2.94 crore for the quarter ended March 31, 2025 as compared to Rs 4.25 crore in the same period last year, registering a year-on-year decline of 30.82 per cent.
Net revenue of the company declined substantially by 55.23 per cent at Rs 30.72 crore in January-March quarter of this fiscal as against Rs 68.62 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 53.61 per cent to Rs 30.11 crore from Rs 64.90 crore in year ago period.
Other Income grew by 16.53 per cent at Rs 4.16 crore versus (Mar'24 Rs 3.57 crore).
Operating Profit slipped by 83.65 per cent to Rs 0.61 crore as against Rs 3.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 63.35 per cent in March quarter.
Interest declined by 45.10 per cent y-o-y to Rs 0.28 crore, while Taxation decreased by 52.69 per cent at Rs 0.79 crore (Mar'24 Rs 1.67 crore).