The company reported standalone net profit of Rs 0.66 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 31.25 per cent.

Net revenue of the company rose moderately by 12.08 per cent at Rs 54.45 crore in January-March quarter of this fiscal as against Rs 48.58 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 14.24 per cent to Rs 50.77 crore from Rs 44.44 crore in year ago period.

Other Income grew by 250.00 per cent at Rs 0.35 crore versus (Mar'24 Rs 0.10 crore).

Operating Profit slipped by 11.11 per cent to Rs 3.68 crore as against Rs 4.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.75 per cent in March quarter.

Interest declined by 16.22 per cent y-o-y to Rs 1.86 crore, while Taxation increased by 323.53 per cent at Rs 0.72 crore (Mar'24 Rs 0.17 crore).