The company reported standalone net profit of Rs 2.16 crore for the quarter ended March 31, 2025 as compared to Rs 4.10 crore in the same period last year, registering a year-on-year decline of 47.32 per cent.

Net revenue of the company declined substantially by 29.70 per cent at Rs 3.29 crore in January-March quarter of this fiscal as against Rs 4.68 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 47.25 per cent to Rs 0.48 crore from Rs 0.91 crore in year ago period.

Other Income dipped by 99.40 per cent at Rs 0.01 crore versus (Mar'24 Rs 1.67 crore).

Operating Profit slipped by 25.46 per cent to Rs 2.81 crore as against Rs 3.77 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.87 per cent in March quarter.

Interest declined by 40.00 per cent y-o-y to Rs 0.18 crore, while Taxation decreased by 55.77 per cent at Rs 0.46 crore (Mar'24 Rs 1.04 crore).