The company reported standalone net profit of Rs 8.74 crore for the quarter ended March 31, 2025 as compared to Rs 11.15 crore in the same period last year, registering a year-on-year decline of 21.61 per cent.
Net revenue of the company declined by 5.64 per cent at Rs 24.60 crore in January-March quarter of this fiscal as against Rs 26.07 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 13.88 per cent to Rs 13.70 crore from Rs 12.03 crore in year ago period.
Other Income dipped by 18.71 per cent at Rs 1.13 crore versus (Mar'24 Rs 1.39 crore).
Operating Profit slipped by 22.36 per cent to Rs 10.90 crore as against Rs 14.04 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.73 per cent in March quarter.
Interest grew by 15.53 per cent y-o-y to Rs 1.19 crore, while Taxation decreased by 62.11 per cent at Rs 0.72 crore (Mar'24 Rs 1.90 crore).