The company reported standalone net profit of Rs 4.76 crore for the quarter ended March 31, 2025 as compared to Rs 5.31 crore in the same period last year, registering a year-on-year decline of 10.36 per cent.
Net revenue of the company declined substantially by 27.89 per cent at Rs 37.61 crore in January-March quarter of this fiscal as against Rs 52.16 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 25.54 per cent to Rs 33.09 crore from Rs 44.44 crore in year ago period.
Other Income grew by 128.33 per cent at Rs 1.37 crore versus (Mar'24 Rs 0.60 crore).
Operating Profit slipped by 41.45 per cent to Rs 4.52 crore as against Rs 7.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.80 per cent in March quarter.
Interest declined by 30.00 per cent y-o-y to Rs 0.28 crore, while Taxation decreased by 116.67 per cent at Rs -0.27 crore (Mar'24 Rs 1.62 crore).