The company reported standalone net profit of Rs 0.65 crore for the quarter ended March 31, 2025 as compared to Rs 4.53 crore in the same period last year, registering a year-on-year decline of 85.65 per cent.
Net revenue of the company rose substantially by 31.44 per cent at Rs 71.90 crore in January-March quarter of this fiscal as against Rs 54.70 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 51.55 per cent to Rs 70.41 crore from Rs 46.46 crore in year ago period.
Other Income grew by 412.50 per cent at Rs 0.41 crore versus (Mar'24 Rs 0.08 crore).
Operating Profit slipped by 81.94 per cent to Rs 1.49 crore as against Rs 8.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 86.26 per cent in March quarter.
Interest declined by 66.43 per cent y-o-y to Rs 0.48 crore, while Taxation decreased by 82.35 per cent at Rs 0.30 crore (Mar'24 Rs 1.70 crore).