The company reported standalone net profit of Rs 3.89 crore for the quarter ended June 30, 2025 as compared to Rs 7.86 crore in the same period last year, registering a year-on-year decline of 50.51 per cent.

Net revenue of the company declined substantially by 25.70 per cent at Rs 81.19 crore in April-June quarter of this fiscal as against Rs 109.28 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 24.36 per cent to Rs 70.95 crore from Rs 93.80 crore in year ago period.

Other Income dipped by 14.47 per cent at Rs 0.65 crore versus (Jun'24 Rs 0.76 crore).

Operating Profit slipped by 33.89 per cent to Rs 10.24 crore as against Rs 15.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.01 per cent in June quarter.

Interest declined by 8.99 per cent y-o-y to Rs 1.62 crore, while Taxation decreased by 50.83 per cent at Rs 1.49 crore (Jun'24 Rs 3.03 crore).