The company reported standalone net profit of Rs 0.14 crore for the quarter ended March 31, 2025 as compared to Rs 0.70 crore in the same period last year, registering a year-on-year decline of 80.00 per cent.

Net revenue of the company declined substantially by 34.94 per cent at Rs 13.76 crore in January-March quarter of this fiscal as against Rs 21.15 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 40.77 per cent to Rs 9.95 crore from Rs 16.80 crore in year ago period.

Other Income grew by 150.00 per cent at Rs 0.25 crore versus (Mar'24 Rs 0.10 crore).

Operating Profit slipped by 12.21 per cent to Rs 3.81 crore as against Rs 4.34 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 34.89 per cent in March quarter.

Interest grew by 8.12 per cent y-o-y to Rs 3.73 crore, while Taxation decreased by 53.33 per cent at Rs 0.07 crore (Mar'24 Rs 0.15 crore).