The company reported standalone net profit of Rs 22.94 crore for the quarter ended March 31, 2025 as compared to Rs 1.54 crore in the same period last year, registering a year-on-year growth of 1389.61 per cent.
Net revenue of the company declined substantially by 22.31 per cent at Rs 8.46 crore in January-March quarter of this fiscal as against Rs 10.89 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 0.32 per cent to Rs 9.39 crore from Rs 9.36 crore in year ago period.
Other Income grew by 107.08 per cent at Rs 2.34 crore versus (Mar'24 Rs 1.13 crore).
Operating Profit slipped by 160.78 per cent to Rs -0.93 crore as against Rs 1.53 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 178.25 per cent in March quarter.
Interest declined by 60.77 per cent y-o-y to Rs 0.71 crore, while Taxation increased by 175.19 per cent at Rs 1.00 crore (Mar'24 Rs -1.33 crore).