The company reported standalone net profit of Rs 12.23 crore for the quarter ended March 31, 2025 as compared to Rs 13.20 crore in the same period last year, registering a year-on-year decline of 7.35 per cent.

Net revenue of the company rose marginally by 2.27 per cent at Rs 49.19 crore in January-March quarter of this fiscal as against Rs 48.10 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 10.65 per cent to Rs 33.35 crore from Rs 30.14 crore in year ago period.

Other Income grew by 43.09 per cent at Rs 2.59 crore versus (Mar'24 Rs 1.81 crore).

Operating Profit slipped by 11.80 per cent to Rs 15.84 crore as against Rs 17.96 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 13.74 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.01 crore, while Taxation decreased by 10.48 per cent at Rs 4.10 crore (Mar'24 Rs 4.58 crore).