The company reported standalone net profit of Rs 1.98 crore for the quarter ended March 31, 2025 as compared to Rs 2.06 crore in the same period last year, registering a year-on-year decline of 3.88 per cent.
Net revenue of the company rose substantially by 29.88 per cent at Rs 77.54 crore in January-March quarter of this fiscal as against Rs 59.70 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 32.40 per cent to Rs 75.03 crore from Rs 56.67 crore in year ago period.
Other Income grew by 10.16 per cent at Rs 2.06 crore versus (Mar'24 Rs 1.87 crore).
Operating Profit slipped by 16.83 per cent to Rs 2.52 crore as against Rs 3.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 35.90 per cent in March quarter.
Interest grew by 17.07 per cent y-o-y to Rs 0.96 crore, while Taxation decreased by 46.88 per cent at Rs 0.51 crore (Mar'24 Rs 0.96 crore).