The company reported standalone net profit of Rs 3.03 crore for the quarter ended March 31, 2025 as compared to Rs 5.96 crore in the same period last year, registering a year-on-year decline of 49.16 per cent.

Net revenue of the company rose moderately by 15.38 per cent at Rs 87.41 crore in January-March quarter of this fiscal as against Rs 75.76 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 15.59 per cent to Rs 83.95 crore from Rs 72.63 crore in year ago period.

Other Income dipped by 59.93 per cent at Rs 2.44 crore versus (Mar'24 Rs 6.09 crore).

Operating Profit surged by 10.54 per cent to Rs 3.46 crore as against Rs 3.13 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 4.12 per cent in March quarter.

Interest grew by 461.76 per cent y-o-y to Rs 1.91 crore, while Taxation decreased by 75.61 per cent at Rs -0.30 crore (Mar'24 Rs -1.23 crore).