The company reported standalone net profit of Rs 0.26 crore for the quarter ended June 30, 2025 as compared to Rs 1.50 crore in the same period last year, registering a year-on-year decline of 82.67 per cent.
Net revenue of the company declined substantially by 54.50 per cent at Rs 9.14 crore in April-June quarter of this fiscal as against Rs 20.09 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 52.78 per cent to Rs 8.31 crore from Rs 17.60 crore in year ago period.
Other Income grew by 140.00 per cent at Rs 0.12 crore versus (Jun'24 Rs 0.05 crore).
Operating Profit slipped by 66.67 per cent to Rs 0.83 crore as against Rs 2.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.37 per cent in June quarter.
Interest grew by 68.42 per cent y-o-y to Rs 0.32 crore, while Taxation decreased by 130.36 per cent at Rs -0.17 crore (Jun'24 Rs 0.56 crore).