The company reported standalone net profit of Rs 1.67 crore for the quarter ended March 31, 2025 as compared to Rs 2.22 crore in the same period last year, registering a year-on-year decline of 24.77 per cent.

Net revenue of the company rose moderately by 16.36 per cent at Rs 100.06 crore in January-March quarter of this fiscal as against Rs 85.99 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 17.99 per cent to Rs 95.64 crore from Rs 81.06 crore in year ago period.

Other Income grew by 4.83 per cent at Rs 2.17 crore versus (Mar'24 Rs 2.07 crore).

Operating Profit slipped by 10.34 per cent to Rs 4.42 crore as against Rs 4.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.17 per cent in March quarter.

Interest grew by 47.31 per cent y-o-y to Rs 2.46 crore, while Taxation decreased by 41.76 per cent at Rs 0.53 crore (Mar'24 Rs 0.91 crore).