The company reported standalone net profit of Rs 0.87 crore for the quarter ended March 31, 2025 as compared to Rs 1.66 crore in the same period last year, registering a year-on-year decline of 47.59 per cent.
Net revenue of the company declined moderately by 16.89 per cent at Rs 22.20 crore in January-March quarter of this fiscal as against Rs 26.71 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 12.43 per cent to Rs 20.44 crore from Rs 23.34 crore in year ago period.
Other Income grew by 342.86 per cent at Rs 0.93 crore versus (Mar'24 Rs 0.21 crore).
Operating Profit slipped by 47.92 per cent to Rs 1.75 crore as against Rs 3.36 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.25 per cent in March quarter.
Interest grew by 6.67 per cent y-o-y to Rs 0.80 crore, while Taxation decreased by 27.06 per cent at Rs 0.62 crore (Mar'24 Rs 0.85 crore).