The company reported standalone net profit of Rs 2.59 crore for the quarter ended March 31, 2025 as compared to Rs 4.20 crore in the same period last year, registering a year-on-year decline of 38.33 per cent.

Net revenue of the company rose moderately by 6.04 per cent at Rs 209.26 crore in January-March quarter of this fiscal as against Rs 197.34 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 6.79 per cent to Rs 203.42 crore from Rs 190.48 crore in year ago period.

Other Income grew by 2.14 per cent at Rs 1.43 crore versus (Mar'24 Rs 1.40 crore).

Operating Profit slipped by 16.38 per cent to Rs 6.79 crore as against Rs 8.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.92 per cent in March quarter.

Interest declined by 8.33 per cent y-o-y to Rs 0.33 crore, while Taxation increased by 220.69 per cent at Rs 0.93 crore (Mar'24 Rs 0.29 crore).