The company reported standalone net profit of Rs 6.21 crore for the quarter ended March 31, 2025 as compared to Rs 11.21 crore in the same period last year, registering a year-on-year decline of 44.60 per cent.
Net revenue of the company declined by 5.73 per cent at Rs 99.31 crore in January-March quarter of this fiscal as against Rs 105.35 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 3.22 per cent to Rs 83.74 crore from Rs 86.53 crore in year ago period.
Other Income dipped by 40.24 per cent at Rs 2.02 crore versus (Mar'24 Rs 3.38 crore).
Operating Profit slipped by 17.27 per cent to Rs 15.57 crore as against Rs 18.82 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.21 per cent in March quarter.
Interest grew by 145.12 per cent y-o-y to Rs 4.02 crore, while Taxation decreased by 60.66 per cent at Rs 1.42 crore (Mar'24 Rs 3.61 crore).