The company reported standalone net profit of Rs 2.41 crore for the quarter ended March 31, 2025 as compared to Rs 3.10 crore in the same period last year, registering a year-on-year decline of 22.26 per cent.
Net revenue of the company declined substantially by 42.24 per cent at Rs 26.00 crore in January-March quarter of this fiscal as against Rs 45.01 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 29.07 per cent to Rs 27.09 crore from Rs 38.19 crore in year ago period.
Other Income grew by 866.67 per cent at Rs 5.22 crore versus (Mar'24 Rs 0.54 crore).
Operating Profit slipped by 115.98 per cent to Rs -1.09 crore as against Rs 6.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 127.77 per cent in March quarter.
Interest declined by 66.84 per cent y-o-y to Rs 0.62 crore, while Taxation increased by 1.61 per cent at Rs 0.63 crore (Mar'24 Rs 0.62 crore).