The company reported standalone net profit of Rs 1.99 crore for the quarter ended March 31, 2025 as compared to Rs 2.69 crore in the same period last year, registering a year-on-year decline of 26.02 per cent.
Net revenue of the company rose three fold by 394.37 per cent at Rs 122.16 crore in January-March quarter of this fiscal as against Rs 24.71 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 489.02 per cent to Rs 121.81 crore from Rs 20.68 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 2.39 crore versus (Mar'24 Rs 0.00 crore).
Operating Profit slipped by 91.56 per cent to Rs 0.34 crore as against Rs 4.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 98.28 per cent in March quarter.
Taxation decreased by 50.38 per cent at Rs 0.66 crore (Mar'24 Rs 1.33 crore).