The company reported standalone net profit of Rs 0.62 crore for the quarter ended March 31, 2025 as compared to Rs 2.10 crore in the same period last year, registering a year-on-year decline of 70.48 per cent.
Net revenue of the company declined moderately by 16.16 per cent at Rs 51.21 crore in January-March quarter of this fiscal as against Rs 61.08 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 16.44 per cent to Rs 48.65 crore from Rs 58.22 crore in year ago period.
Other Income dipped by 78.37 per cent at Rs 0.77 crore versus (Mar'24 Rs 3.56 crore).
Operating Profit slipped by 10.49 per cent to Rs 2.56 crore as against Rs 2.86 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.84 per cent in March quarter.
Interest declined by 18.92 per cent y-o-y to Rs 1.20 crore, while Taxation decreased by 75.61 per cent at Rs 0.30 crore (Mar'24 Rs 1.23 crore).