The company reported standalone net profit of Rs 1.71 crore for the quarter ended March 31, 2025 as compared to Rs 4.82 crore in the same period last year, registering a year-on-year decline of 64.52 per cent.
Net revenue of the company declined marginally by 4.27 per cent at Rs 36.78 crore in January-March quarter of this fiscal as against Rs 38.42 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.26 per cent to Rs 28.15 crore from Rs 28.80 crore in year ago period.
Other Income dipped by 47.69 per cent at Rs 1.36 crore versus (Mar'24 Rs 2.60 crore).
Operating Profit slipped by 10.29 per cent to Rs 8.63 crore as against Rs 9.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.31 per cent in March quarter.
Interest grew by 82.79 per cent y-o-y to Rs 4.46 crore, while Taxation decreased by 39.27 per cent at Rs 1.16 crore (Mar'24 Rs 1.91 crore).