The company reported standalone net profit of Rs 0.36 crore for the quarter ended December 31, 2024 as compared to Rs 0.47 crore in the same period last year, registering a year-on-year decline of 23.40 per cent.
Net revenue of the company declined marginally by 2.38 per cent at Rs 15.19 crore in October-December quarter of this fiscal as against Rs 15.56 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 0.55 per cent to Rs 14.38 crore from Rs 14.46 crore in year ago period.
Other Income grew by 460.00 per cent at Rs 0.28 crore versus (Dec'23 Rs 0.05 crore).
Operating Profit slipped by 26.36 per cent to Rs 0.81 crore as against Rs 1.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.82 per cent in December quarter.
Interest grew by 35.48 per cent y-o-y to Rs 0.42 crore, while Taxation decreased by 60.00 per cent at Rs 0.04 crore (Dec'23 Rs 0.10 crore).