The company reported standalone net profit of Rs 3.91 crore for the quarter ended March 31, 2025 as compared to Rs 4.89 crore in the same period last year, registering a year-on-year decline of 20.04 per cent.
Net revenue of the company rose substantially by 72.51 per cent at Rs 40.28 crore in January-March quarter of this fiscal as against Rs 23.35 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 93.35 per cent to Rs 29.06 crore from Rs 15.03 crore in year ago period.
Other Income grew by 75.00 per cent at Rs 0.14 crore versus (Mar'24 Rs 0.08 crore).
Operating Profit surged by 34.86 per cent to Rs 11.22 crore as against Rs 8.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.79 per cent in March quarter.
Interest grew by 215.73 per cent y-o-y to Rs 5.62 crore, while Taxation decreased by 16.88 per cent at Rs 1.33 crore (Mar'24 Rs 1.60 crore).