The company reported standalone net profit of Rs 3.60 crore for the quarter ended March 31, 2025 as compared to Rs 4.22 crore in the same period last year, registering a year-on-year decline of 14.69 per cent.
Net revenue of the company declined substantially by 49.73 per cent at Rs 2.81 crore in January-March quarter of this fiscal as against Rs 5.59 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 29.20 per cent to Rs 2.91 crore from Rs 4.11 crore in year ago period.
Other Income grew by 17.88 per cent at Rs 5.01 crore versus (Mar'24 Rs 4.25 crore).
Operating Profit slipped by 107.48 per cent to Rs -0.11 crore as against Rs 1.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 114.34 per cent in March quarter.
Taxation decreased by 14.00 per cent at Rs 1.29 crore (Mar'24 Rs 1.50 crore).