The company reported standalone net profit of Rs 5.52 crore for the quarter ended March 31, 2025 as compared to Rs 16.16 crore in the same period last year, registering a year-on-year decline of 65.84 per cent.
Net revenue of the company declined moderately by 7.39 per cent at Rs 226.32 crore in January-March quarter of this fiscal as against Rs 244.38 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 2.82 per cent to Rs 226.81 crore from Rs 220.60 crore in year ago period.
Other Income grew by 111.07 per cent at Rs 5.91 crore versus (Mar'24 Rs 2.80 crore).
Operating Profit slipped by 102.10 per cent to Rs -0.50 crore as against Rs 23.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 102.26 per cent in March quarter.
Interest declined by 70.11 per cent y-o-y to Rs 0.81 crore, while Taxation decreased by 175.48 per cent at Rs -3.54 crore (Mar'24 Rs 4.69 crore).