The company reported standalone net profit of Rs 9.60 crore for the quarter ended March 31, 2025 as compared to Rs 18.26 crore in the same period last year, registering a year-on-year decline of 47.43 per cent.
Net revenue of the company declined marginally by 2.73 per cent at Rs 52.36 crore in January-March quarter of this fiscal as against Rs 53.83 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.77 per cent to Rs 36.48 crore from Rs 34.82 crore in year ago period.
Other Income dipped by 98.46 per cent at Rs 0.11 crore versus (Mar'24 Rs 7.13 crore).
Operating Profit slipped by 16.47 per cent to Rs 15.88 crore as against Rs 19.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.10 per cent in March quarter.
Interest grew by 500.00 per cent y-o-y to Rs 0.06 crore, while Taxation decreased by 38.12 per cent at Rs 2.63 crore (Mar'24 Rs 4.25 crore).