The company reported standalone net profit of Rs 0.38 crore for the quarter ended March 31, 2025 as compared to Rs 0.29 crore in the same period last year, registering a year-on-year growth of 31.03 per cent.

Net revenue of the company declined substantially by 33.97 per cent at Rs 208.53 crore in January-March quarter of this fiscal as against Rs 315.80 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 33.43 per cent to Rs 209.50 crore from Rs 314.70 crore in year ago period.

Other Income grew by 17.39 per cent at Rs 4.05 crore versus (Mar'24 Rs 3.45 crore).

Operating Profit slipped by 188.18 per cent to Rs -0.97 crore as against Rs 1.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 234.29 per cent in March quarter.

Interest declined by 36.63 per cent y-o-y to Rs 2.37 crore, while Taxation decreased by 80.95 per cent at Rs 0.04 crore (Mar'24 Rs 0.21 crore).