The company reported standalone net profit of Rs 0.68 crore for the quarter ended March 31, 2025 as compared to Rs 5.45 crore in the same period last year, registering a year-on-year decline of 87.52 per cent.

Net revenue of the company declined substantially by 78.22 per cent at Rs 27.72 crore in January-March quarter of this fiscal as against Rs 127.28 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 81.06 per cent to Rs 22.44 crore from Rs 118.49 crore in year ago period.

Other Income grew by 35.71 per cent at Rs 0.19 crore versus (Mar'24 Rs 0.14 crore).

Operating Profit slipped by 39.82 per cent to Rs 5.29 crore as against Rs 8.79 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 175.98 per cent in March quarter.

Interest declined by 19.23 per cent y-o-y to Rs 2.73 crore, while Taxation increased by 11800.00 per cent at Rs 2.34 crore (Mar'24 Rs -0.02 crore).