The company reported standalone net profit of Rs 6.88 crore for the quarter ended March 31, 2025 as compared to Rs 12.19 crore in the same period last year, registering a year-on-year decline of 43.56 per cent.
Net revenue of the company declined substantially by 28.98 per cent at Rs 106.09 crore in January-March quarter of this fiscal as against Rs 149.38 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 30.34 per cent to Rs 89.93 crore from Rs 129.10 crore in year ago period.
Other Income grew by 39.13 per cent at Rs 0.64 crore versus (Mar'24 Rs 0.46 crore).
Operating Profit slipped by 20.32 per cent to Rs 16.16 crore as against Rs 20.28 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 12.15 per cent in March quarter.
Interest grew by 18.75 per cent y-o-y to Rs 1.71 crore, while Taxation decreased by 9.35 per cent at Rs 4.07 crore (Mar'24 Rs 4.49 crore).