The company reported standalone net profit of Rs 6.49 crore for the quarter ended March 31, 2025 as compared to Rs 7.88 crore in the same period last year, registering a year-on-year decline of 17.64 per cent.
Net revenue of the company declined by 5.19 per cent at Rs 54.42 crore in January-March quarter of this fiscal as against Rs 57.40 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 2.23 per cent to Rs 48.12 crore from Rs 49.22 crore in year ago period.
Other Income grew by 1926.67 per cent at Rs 3.04 crore versus (Mar'24 Rs 0.15 crore).
Operating Profit slipped by 23.08 per cent to Rs 6.30 crore as against Rs 8.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.79 per cent in March quarter.
Interest declined by 53.50 per cent y-o-y to Rs 0.73 crore, while Taxation increased by 225.85 per cent at Rs 1.85 crore (Mar'24 Rs -1.47 crore).