The company reported standalone net profit of Rs 3.36 crore for the quarter ended March 31, 2025 as compared to Rs 4.49 crore in the same period last year, registering a year-on-year decline of 25.17 per cent.
Net revenue of the company rose substantially by 32.84 per cent at Rs 98.49 crore in January-March quarter of this fiscal as against Rs 74.14 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 36.75 per cent to Rs 102.66 crore from Rs 75.07 crore in year ago period.
Other Income grew by 29.52 per cent at Rs 8.38 crore versus (Mar'24 Rs 6.47 crore).
Operating Profit surged by 347.31 per cent to Rs -4.16 crore as against Rs -0.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 238.40 per cent in March quarter.