The company reported standalone net profit of Rs 2.68 crore for the quarter ended March 31, 2025 as compared to Rs 5.93 crore in the same period last year, registering a year-on-year decline of 54.81 per cent.
Net revenue of the company declined marginally by 1.09 per cent at Rs 85.43 crore in January-March quarter of this fiscal as against Rs 86.37 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 5.65 per cent to Rs 79.83 crore from Rs 75.56 crore in year ago period.
Other Income dipped by 3.51 per cent at Rs 2.20 crore versus (Mar'24 Rs 2.28 crore).
Operating Profit slipped by 48.20 per cent to Rs 5.60 crore as against Rs 10.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 47.68 per cent in March quarter.
Interest declined by 28.13 per cent y-o-y to Rs 1.84 crore, while Taxation decreased by 66.50 per cent at Rs 0.66 crore (Mar'24 Rs 1.97 crore).