The company reported standalone net profit of Rs 1.71 crore for the quarter ended March 31, 2025 as compared to Rs 2.24 crore in the same period last year, registering a year-on-year decline of 23.66 per cent.

Net revenue of the company rose moderately by 7.61 per cent at Rs 67.31 crore in January-March quarter of this fiscal as against Rs 62.55 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 9.47 per cent to Rs 61.94 crore from Rs 56.58 crore in year ago period.

Other Income dipped by 40.87 per cent at Rs 0.68 crore versus (Mar'24 Rs 1.15 crore).

Operating Profit slipped by 10.05 per cent to Rs 5.37 crore as against Rs 5.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.35 per cent in March quarter.

Interest declined by 28.57 per cent y-o-y to Rs 1.25 crore, while Taxation decreased by 14.49 per cent at Rs 1.18 crore (Mar'24 Rs 1.38 crore).