The company reported standalone net profit of Rs 2.28 crore for the quarter ended March 31, 2025 as compared to Rs 2.99 crore in the same period last year, registering a year-on-year decline of 23.75 per cent.
Net revenue of the company declined moderately by 14.25 per cent at Rs 23.70 crore in January-March quarter of this fiscal as against Rs 27.64 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 14.23 per cent to Rs 18.39 crore from Rs 21.44 crore in year ago period.
Other Income grew by 0.00 per cent at Rs 0.06 crore versus (Mar'24 Rs 0.06 crore).
Operating Profit slipped by 14.19 per cent to Rs 5.32 crore as against Rs 6.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 0.09 per cent in March quarter.
Interest declined by 13.85 per cent y-o-y to Rs 0.56 crore, while Taxation decreased by 28.04 per cent at Rs 0.77 crore (Mar'24 Rs 1.07 crore).