The company reported standalone net profit of Rs 4.39 crore for the quarter ended March 31, 2025 as compared to Rs 10.42 crore in the same period last year, registering a year-on-year decline of 57.87 per cent.
Net revenue of the company declined moderately by 8.01 per cent at Rs 199.35 crore in January-March quarter of this fiscal as against Rs 216.72 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.03 per cent to Rs 186.83 crore from Rs 194.68 crore in year ago period.
Other Income dipped by 112.82 per cent at Rs -0.05 crore versus (Mar'24 Rs 0.39 crore).
Operating Profit slipped by 41.46 per cent to Rs 13.20 crore as against Rs 22.55 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 36.41 per cent in March quarter.
Interest declined by 43.26 per cent y-o-y to Rs 1.01 crore, while Taxation decreased by 54.70 per cent at Rs 2.41 crore (Mar'24 Rs 5.32 crore).