The company reported standalone net profit of Rs 3.21 crore for the quarter ended March 31, 2025 as compared to Rs 3.05 crore in the same period last year, registering a year-on-year growth of 5.25 per cent.
Net revenue of the company declined substantially by 52.46 per cent at Rs 85.15 crore in January-March quarter of this fiscal as against Rs 179.13 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 49.38 per cent to Rs 84.71 crore from Rs 167.33 crore in year ago period.
Other Income grew by 173.24 per cent at Rs 13.58 crore versus (Mar'24 Rs 4.97 crore).
Operating Profit slipped by 96.27 per cent to Rs 0.44 crore as against Rs 11.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 92.25 per cent in March quarter.
Interest declined by 39.92 per cent y-o-y to Rs 4.44 crore, while Taxation increased by 88.00 per cent at Rs 1.88 crore (Mar'24 Rs 1.00 crore).