The company reported standalone net profit of Rs 9.78 crore for the quarter ended March 31, 2025 as compared to Rs 71.92 crore in the same period last year, registering a year-on-year decline of 86.40 per cent.
Net revenue of the company declined moderately by 11.90 per cent at Rs 75.36 crore in January-March quarter of this fiscal as against Rs 85.54 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.77 per cent to Rs 62.86 crore from Rs 60.00 crore in year ago period.
Other Income dipped by 94.45 per cent at Rs 3.68 crore versus (Mar'24 Rs 66.35 crore).
Operating Profit slipped by 51.06 per cent to Rs 12.50 crore as against Rs 25.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 44.42 per cent in March quarter.
Interest declined by 81.82 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 76.96 per cent at Rs 4.18 crore (Mar'24 Rs 18.14 crore).