The company reported standalone net profit of Rs 0.41 crore for the quarter ended March 31, 2025 as compared to Rs 2.38 crore in the same period last year, registering a year-on-year decline of 82.77 per cent.

Net revenue of the company declined marginally by 1.80 per cent at Rs 12.55 crore in January-March quarter of this fiscal as against Rs 12.78 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 23.54 per cent to Rs 10.60 crore from Rs 8.58 crore in year ago period.

Other Income grew by 1633.33 per cent at Rs 1.56 crore versus (Mar'24 Rs 0.09 crore).

Operating Profit slipped by 53.57 per cent to Rs 1.95 crore as against Rs 4.20 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 52.83 per cent in March quarter.

Interest declined by 3.15 per cent y-o-y to Rs 1.23 crore, while Taxation increased by 193.44 per cent at Rs 0.57 crore (Mar'24 Rs -0.61 crore).