The company reported standalone net profit of Rs 7.80 crore for the quarter ended March 31, 2025 as compared to Rs 11.33 crore in the same period last year, registering a year-on-year decline of 31.16 per cent.
Net revenue of the company declined substantially by 22.07 per cent at Rs 108.77 crore in January-March quarter of this fiscal as against Rs 139.57 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 21.06 per cent to Rs 107.38 crore from Rs 136.03 crore in year ago period.
Other Income dipped by 9.34 per cent at Rs 7.96 crore versus (Mar'24 Rs 8.78 crore).
Operating Profit slipped by 60.73 per cent to Rs 1.39 crore as against Rs 3.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 49.61 per cent in March quarter.
Interest grew by 2.75 per cent y-o-y to Rs 1.87 crore, while Taxation increased by 0.00 per cent at Rs -0.20 crore (Mar'24 Rs 0.00 crore).