The company reported standalone net profit of Rs 4.44 crore for the quarter ended March 31, 2025 as compared to Rs 12.60 crore in the same period last year, registering a year-on-year decline of 64.76 per cent.
Net revenue of the company rose substantially by 22.62 per cent at Rs 186.39 crore in January-March quarter of this fiscal as against Rs 152.01 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 31.71 per cent to Rs 170.31 crore from Rs 129.31 crore in year ago period.
Other Income dipped by 31.88 per cent at Rs 3.44 crore versus (Mar'24 Rs 5.05 crore).
Operating Profit slipped by 29.21 per cent to Rs 16.07 crore as against Rs 22.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 42.26 per cent in March quarter.
Interest declined by 5.95 per cent y-o-y to Rs 7.91 crore, while Taxation decreased by 22.56 per cent at Rs 2.06 crore (Mar'24 Rs 2.66 crore).