The company reported standalone net profit of Rs 1.10 crore for the quarter ended March 31, 2025 as compared to Rs 1.80 crore in the same period last year, registering a year-on-year decline of 38.89 per cent.

Net revenue of the company rose substantially by 24.57 per cent at Rs 31.54 crore in January-March quarter of this fiscal as against Rs 25.32 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 25.07 per cent to Rs 27.29 crore from Rs 21.82 crore in year ago period.

Other Income grew by 16.22 per cent at Rs 0.43 crore versus (Mar'24 Rs 0.37 crore).

Operating Profit surged by 21.43 per cent to Rs 4.25 crore as against Rs 3.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.60 per cent in March quarter.

Interest grew by 97.62 per cent y-o-y to Rs 0.83 crore, while Taxation decreased by 37.31 per cent at Rs 0.42 crore (Mar'24 Rs 0.67 crore).