The company reported standalone net profit of Rs 1.74 crore for the quarter ended March 31, 2025 as compared to Rs 3.30 crore in the same period last year, registering a year-on-year decline of 47.27 per cent.

Net revenue of the company declined marginally by 1.73 per cent at Rs 36.30 crore in January-March quarter of this fiscal as against Rs 36.94 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 7.52 per cent to Rs 33.47 crore from Rs 31.13 crore in year ago period.

Other Income grew by 140.00 per cent at Rs 0.36 crore versus (Mar'24 Rs 0.15 crore).

Operating Profit slipped by 51.29 per cent to Rs 2.83 crore as against Rs 5.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 50.41 per cent in March quarter.

Interest declined by 3.45 per cent y-o-y to Rs 0.28 crore, while Taxation decreased by 50.33 per cent at Rs 0.75 crore (Mar'24 Rs 1.51 crore).