The company reported standalone net profit of Rs 0.64 crore for the quarter ended March 31, 2025 as compared to Rs 2.40 crore in the same period last year, registering a year-on-year decline of 73.33 per cent.

Net revenue of the company declined by 5.54 per cent at Rs 27.77 crore in January-March quarter of this fiscal as against Rs 29.40 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 4.59 per cent to Rs 24.36 crore from Rs 23.29 crore in year ago period.

Other Income grew by 19.35 per cent at Rs 0.37 crore versus (Mar'24 Rs 0.31 crore).

Operating Profit slipped by 44.19 per cent to Rs 3.41 crore as against Rs 6.11 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 40.90 per cent in March quarter.

Interest grew by 58.62 per cent y-o-y to Rs 1.84 crore, while Taxation decreased by 107.38 per cent at Rs -0.09 crore (Mar'24 Rs 1.22 crore).