The company reported standalone net profit of Rs 1.04 crore for the quarter ended March 31, 2025 as compared to Rs 2.14 crore in the same period last year, registering a year-on-year decline of 51.40 per cent.
Net revenue of the company rose marginally by 3.98 per cent at Rs 17.52 crore in January-March quarter of this fiscal as against Rs 16.85 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.11 per cent to Rs 14.90 crore from Rs 13.41 crore in year ago period.
Other Income grew by 75.00 per cent at Rs 0.14 crore versus (Mar'24 Rs 0.08 crore).
Operating Profit slipped by 24.06 per cent to Rs 2.62 crore as against Rs 3.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.81 per cent in March quarter.
Interest grew by 289.47 per cent y-o-y to Rs 0.74 crore, while Taxation decreased by 55.13 per cent at Rs 0.35 crore (Mar'24 Rs 0.78 crore).