The company reported standalone net profit of Rs 1.09 crore for the quarter ended March 31, 2025 as compared to Rs 6.83 crore in the same period last year, registering a year-on-year decline of 84.04 per cent.

Net revenue of the company rose substantially by 20.82 per cent at Rs 167.21 crore in January-March quarter of this fiscal as against Rs 138.40 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 24.93 per cent to Rs 158.39 crore from Rs 126.78 crore in year ago period.

Other Income dipped by 89.61 per cent at Rs 0.08 crore versus (Mar'24 Rs 0.77 crore).

Operating Profit slipped by 24.10 per cent to Rs 8.82 crore as against Rs 11.62 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 37.19 per cent in March quarter.

Interest declined by 9.79 per cent y-o-y to Rs 4.24 crore, while Taxation increased by 845.45 per cent at Rs 2.08 crore (Mar'24 Rs 0.22 crore).