The company reported standalone net profit of Rs 0.90 crore for the quarter ended March 31, 2025 as compared to Rs 1.88 crore in the same period last year, registering a year-on-year decline of 52.13 per cent.
Net revenue of the company declined substantially by 36.81 per cent at Rs 24.29 crore in January-March quarter of this fiscal as against Rs 38.44 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 37.18 per cent to Rs 22.07 crore from Rs 35.13 crore in year ago period.
Other Income grew by 500.00 per cent at Rs 0.12 crore versus (Mar'24 Rs 0.02 crore).
Operating Profit slipped by 32.93 per cent to Rs 2.22 crore as against Rs 3.31 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.27 per cent in March quarter.
Interest grew by 10.20 per cent y-o-y to Rs 0.54 crore, while Taxation decreased by 21.88 per cent at Rs 0.50 crore (Mar'24 Rs 0.64 crore).