The company reported standalone net profit of Rs 16.60 crore for the quarter ended June 30, 2025 as compared to Rs 20.36 crore in the same period last year, registering a year-on-year decline of 18.47 per cent.

Net revenue of the company declined substantially by 45.51 per cent at Rs 77.36 crore in April-June quarter of this fiscal as against Rs 141.97 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 43.91 per cent to Rs 69.39 crore from Rs 123.71 crore in year ago period.

Other Income grew by 92.59 per cent at Rs 7.28 crore versus (Jun'24 Rs 3.78 crore).

Operating Profit slipped by 56.35 per cent to Rs 7.97 crore as against Rs 18.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.91 per cent in June quarter.

Interest grew by 7.84 per cent y-o-y to Rs 1.10 crore