The company reported standalone net profit of Rs 1.00 crore for the quarter ended March 31, 2025 as compared to Rs 9.21 crore in the same period last year, registering a year-on-year decline of 89.14 per cent.
Net revenue of the company declined substantially by 23.97 per cent at Rs 129.68 crore in January-March quarter of this fiscal as against Rs 170.56 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 19.19 per cent to Rs 132.24 crore from Rs 163.65 crore in year ago period.
Other Income grew by 207.23 per cent at Rs 7.22 crore versus (Mar'24 Rs 2.35 crore).
Operating Profit slipped by 137.05 per cent to Rs -2.56 crore as against Rs 6.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 148.64 per cent in March quarter.
Interest grew by 127.91 per cent y-o-y to Rs 1.70 crore, while Taxation decreased by 98.60 per cent at Rs 0.05 crore (Mar'24 Rs 3.57 crore).