The company reported standalone net profit of Rs 1.17 crore for the quarter ended June 30, 2025 as compared to Rs 13.85 crore in the same period last year, registering a year-on-year decline of 91.55 per cent.

Net revenue of the company declined substantially by 20.54 per cent at Rs 131.06 crore in April-June quarter of this fiscal as against Rs 164.93 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 12.09 per cent to Rs 125.84 crore from Rs 143.15 crore in year ago period.

Other Income dipped by 45.83 per cent at Rs 0.13 crore versus (Jun'24 Rs 0.24 crore).

Operating Profit slipped by 76.03 per cent to Rs 5.22 crore as against Rs 21.78 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 69.85 per cent in June quarter.

Interest grew by 24.69 per cent y-o-y to Rs 1.01 crore, while Taxation decreased by 90.76 per cent at Rs 0.44 crore (Jun'24 Rs 4.76 crore).