The company reported standalone net profit of Rs 11.55 crore for the quarter ended March 31, 2025 as compared to Rs 23.72 crore in the same period last year, registering a year-on-year decline of 51.31 per cent.
Net revenue of the company declined moderately by 10.21 per cent at Rs 56.48 crore in January-March quarter of this fiscal as against Rs 62.90 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 34.54 per cent to Rs 43.04 crore from Rs 31.99 crore in year ago period.
Other Income grew by 55.37 per cent at Rs 4.63 crore versus (Mar'24 Rs 2.98 crore).
Operating Profit slipped by 56.50 per cent to Rs 13.44 crore as against Rs 30.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.56 per cent in March quarter.
Interest declined by 17.02 per cent y-o-y to Rs 0.78 crore, while Taxation decreased by 47.11 per cent at Rs 4.49 crore (Mar'24 Rs 8.49 crore).