The company reported standalone net profit of Rs 0.74 crore for the quarter ended March 31, 2025 as compared to Rs 9.30 crore in the same period last year, registering a year-on-year decline of 92.04 per cent.
Net revenue of the company rose substantially by 35.65 per cent at Rs 233.10 crore in January-March quarter of this fiscal as against Rs 171.84 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 43.67 per cent to Rs 226.02 crore from Rs 157.32 crore in year ago period.
Other Income grew by 460.00 per cent at Rs 0.28 crore versus (Mar'24 Rs 0.05 crore).
Operating Profit slipped by 51.27 per cent to Rs 7.07 crore as against Rs 14.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 64.14 per cent in March quarter.
Interest grew by 9.32 per cent y-o-y to Rs 3.05 crore, while Taxation increased by 115.31 per cent at Rs 0.15 crore (Mar'24 Rs -0.98 crore).