The company reported standalone net profit of Rs 15.68 crore for the quarter ended March 31, 2025 as compared to Rs 29.58 crore in the same period last year, registering a year-on-year decline of 46.99 per cent.
Net revenue of the company declined substantially by 74.42 per cent at Rs 8.44 crore in January-March quarter of this fiscal as against Rs 33.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 35.38 per cent to Rs 42.26 crore from Rs 65.40 crore in year ago period.
Other Income grew by 29.57 per cent at Rs 47.50 crore versus (Mar'24 Rs 36.66 crore).
Operating Profit surged by 4.38 per cent to Rs -33.82 crore as against Rs -32.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 308.20 per cent in March quarter.
Interest declined by 34.62 per cent y-o-y to Rs 0.17 crore, while Taxation increased by 105.33 per cent at Rs 1.93 crore (Mar'24 Rs -36.22 crore).