The company reported standalone net profit of Rs 0.48 crore for the quarter ended March 31, 2025 as compared to Rs 0.96 crore in the same period last year, registering a year-on-year decline of 50.00 per cent.

Net revenue of the company declined substantially by 63.72 per cent at Rs 6.49 crore in January-March quarter of this fiscal as against Rs 17.89 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 42.67 per cent to Rs 9.50 crore from Rs 16.57 crore in year ago period.

Other Income grew by 677.27 per cent at Rs 3.42 crore versus (Mar'24 Rs 0.44 crore).

Operating Profit slipped by 328.03 per cent to Rs -3.01 crore as against Rs 1.32 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 726.89 per cent in March quarter.

Interest declined by 2.63 per cent y-o-y to Rs 0.37 crore, while Taxation decreased by 225.00 per cent at Rs -0.30 crore (Mar'24 Rs 0.24 crore).