The company reported standalone net profit of Rs 1.30 crore for the quarter ended March 31, 2025 as compared to Rs 1.43 crore in the same period last year, registering a year-on-year decline of 9.09 per cent.
Net revenue of the company rose substantially by 58.49 per cent at Rs 167.33 crore in January-March quarter of this fiscal as against Rs 105.58 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 61.95 per cent to Rs 166.58 crore from Rs 102.86 crore in year ago period.
Other Income grew by 178.48 per cent at Rs 2.20 crore versus (Mar'24 Rs 0.79 crore).
Operating Profit slipped by 72.43 per cent to Rs 0.75 crore as against Rs 2.72 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 82.56 per cent in March quarter.
Interest declined by 23.57 per cent y-o-y to Rs 1.07 crore, while Taxation decreased by 14.29 per cent at Rs 0.54 crore (Mar'24 Rs 0.63 crore).