The company reported standalone net profit of Rs 4.53 crore for the quarter ended March 31, 2025 as compared to Rs 13.56 crore in the same period last year, registering a year-on-year decline of 66.59 per cent.

Net revenue of the company rose substantially by 32.45 per cent at Rs 94.45 crore in January-March quarter of this fiscal as against Rs 71.31 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 34.70 per cent to Rs 82.61 crore from Rs 61.33 crore in year ago period.

Other Income dipped by 55.31 per cent at Rs 1.81 crore versus (Mar'24 Rs 4.05 crore).

Operating Profit surged by 18.64 per cent to Rs 11.84 crore as against Rs 9.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.43 per cent in March quarter.

Interest declined by 62.50 per cent y-o-y to Rs 0.03 crore, while Taxation increased by 424.08 per cent at Rs 6.19 crore (Mar'24 Rs -1.91 crore).