The company reported standalone net profit of Rs 0.65 crore for the quarter ended June 30, 2025 as compared to Rs 76.74 crore in the same period last year, registering a year-on-year decline of 99.15 per cent.
Net revenue of the company declined substantially by 98.82 per cent at Rs 12.91 crore in April-June quarter of this fiscal as against Rs 1,090.44 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 98.79 per cent to Rs 11.95 crore from Rs 984.69 crore in year ago period.
Other Income dipped by 98.92 per cent at Rs 0.31 crore versus (Jun'24 Rs 28.82 crore).
Operating Profit slipped by 99.09 per cent to Rs 0.96 crore as against Rs 105.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.09 per cent in June quarter.
Interest declined by 98.53 per cent y-o-y to Rs 0.05 crore, while Taxation decreased by 99.11 per cent at Rs 0.21 crore (Jun'24 Rs 23.62 crore).