The company reported standalone net profit of Rs 9.98 crore for the quarter ended March 31, 2025 as compared to Rs 36.61 crore in the same period last year, registering a year-on-year decline of 72.74 per cent.
Net revenue of the company declined substantially by 55.72 per cent at Rs 16.69 crore in January-March quarter of this fiscal as against Rs 37.69 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 49.17 per cent to Rs 21.94 crore from Rs 43.16 crore in year ago period.
Other Income grew by 37.36 per cent at Rs 34.01 crore versus (Mar'24 Rs 24.76 crore).
Operating Profit slipped by 4.02 per cent to Rs -5.25 crore as against Rs -5.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 116.75 per cent in March quarter.
Interest grew by 70.59 per cent y-o-y to Rs 2.32 crore, while Taxation increased by 175.58 per cent at Rs 15.35 crore (Mar'24 Rs -20.31 crore).