The company reported standalone net profit of Rs 1.61 crore for the quarter ended June 30, 2025 as compared to Rs 4.54 crore in the same period last year, registering a year-on-year decline of 64.54 per cent.

Net revenue of the company declined substantially by 32.63 per cent at Rs 80.63 crore in April-June quarter of this fiscal as against Rs 119.69 crore in the corresponding period last year.

During April-June quarter, operating expenses dropped by 27.04 per cent to Rs 84.60 crore from Rs 115.96 crore in year ago period.

Other Income grew by 142.02 per cent at Rs 2.88 crore versus (Jun'24 Rs 1.19 crore).

Operating Profit slipped by 102.68 per cent to Rs -0.10 crore as against Rs 3.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 103.85 per cent in June quarter.

Interest declined by 14.89 per cent y-o-y to Rs 0.40 crore, while Taxation increased by 132.35 per cent at Rs 0.22 crore (Jun'24 Rs -0.68 crore).