The company reported standalone net profit of Rs 0.31 crore for the quarter ended March 31, 2025 as compared to Rs 1.40 crore in the same period last year, registering a year-on-year decline of 77.86 per cent.
Net revenue of the company rose substantially by 42.72 per cent at Rs 26.86 crore in January-March quarter of this fiscal as against Rs 18.82 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 50.96 per cent to Rs 25.95 crore from Rs 17.19 crore in year ago period.
Other Income dipped by 82.00 per cent at Rs 0.09 crore versus (Mar'24 Rs 0.50 crore).
Operating Profit slipped by 44.17 per cent to Rs 0.91 crore as against Rs 1.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 60.90 per cent in March quarter.
Interest declined by 4.76 per cent y-o-y to Rs 0.40 crore, while Taxation decreased by 35.29 per cent at Rs 0.11 crore (Mar'24 Rs 0.17 crore).