The company reported standalone net profit of Rs 2.16 crore for the quarter ended March 31, 2025 as compared to Rs 6.04 crore in the same period last year, registering a year-on-year decline of 64.24 per cent.
Net revenue of the company rose moderately by 15.28 per cent at Rs 15.69 crore in January-March quarter of this fiscal as against Rs 13.61 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 98.75 per cent to Rs 15.84 crore from Rs 7.97 crore in year ago period.
Other Income grew by 3.56 per cent at Rs 3.49 crore versus (Mar'24 Rs 3.37 crore).
Operating Profit slipped by 102.66 per cent to Rs -0.15 crore as against Rs 5.64 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 102.25 per cent in March quarter.
Interest declined by 73.12 per cent y-o-y to Rs 0.25 crore, while Taxation decreased by 63.45 per cent at Rs 0.72 crore (Mar'24 Rs 1.97 crore).