The company reported standalone net profit of Rs 4.95 crore for the quarter ended March 31, 2025 as compared to Rs 8.75 crore in the same period last year, registering a year-on-year decline of 43.43 per cent.
Net revenue of the company rose moderately by 16.13 per cent at Rs 200.05 crore in January-March quarter of this fiscal as against Rs 172.27 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 21.63 per cent to Rs 193.97 crore from Rs 159.47 crore in year ago period.
Other Income grew by 64.96 per cent at Rs 1.93 crore versus (Mar'24 Rs 1.17 crore).
Operating Profit slipped by 52.42 per cent to Rs 6.09 crore as against Rs 12.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 59.08 per cent in March quarter.
Interest declined by 60.87 per cent y-o-y to Rs 0.18 crore, while Taxation decreased by 57.43 per cent at Rs 1.49 crore (Mar'24 Rs 3.50 crore).