The company reported standalone net profit of Rs 1.86 crore for the quarter ended March 31, 2025 as compared to Rs 2.28 crore in the same period last year, registering a year-on-year decline of 18.42 per cent.

Net revenue of the company rose substantially by 34.39 per cent at Rs 37.63 crore in January-March quarter of this fiscal as against Rs 28.00 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 49.00 per cent to Rs 35.64 crore from Rs 23.92 crore in year ago period.

Other Income grew by 366.67 per cent at Rs 0.08 crore versus (Mar'24 Rs -0.03 crore).

Operating Profit slipped by 51.23 per cent to Rs 1.99 crore as against Rs 4.08 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 63.65 per cent in March quarter.

Interest grew by 36.00 per cent y-o-y to Rs 1.02 crore, while Taxation increased by 161.19 per cent at Rs 0.41 crore (Mar'24 Rs -0.67 crore).