The company reported standalone net profit of Rs 12.18 crore for the quarter ended June 30, 2025 as compared to Rs 17.08 crore in the same period last year, registering a year-on-year decline of 28.69 per cent.
Net revenue of the company declined substantially by 29.86 per cent at Rs 50.04 crore in April-June quarter of this fiscal as against Rs 71.34 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 29.41 per cent to Rs 30.03 crore from Rs 42.54 crore in year ago period.
Other Income dipped by 66.67 per cent at Rs 0.01 crore versus (Jun'24 Rs 0.03 crore).
Operating Profit slipped by 30.56 per cent to Rs 20.00 crore as against Rs 28.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.97 per cent in June quarter.
Interest declined by 29.03 per cent y-o-y to Rs 3.57 crore, while Taxation decreased by 43.31 per cent at Rs 3.43 crore (Jun'24 Rs 6.05 crore).