The company reported standalone net profit of Rs 0.49 crore for the quarter ended March 31, 2025 as compared to Rs 1.23 crore in the same period last year, registering a year-on-year decline of 60.16 per cent.

Net revenue of the company rose substantially by 73.15 per cent at Rs 42.49 crore in January-March quarter of this fiscal as against Rs 24.54 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 84.51 per cent to Rs 40.37 crore from Rs 21.88 crore in year ago period.

Other Income dipped by 525.00 per cent at Rs -0.17 crore versus (Mar'24 Rs 0.04 crore).

Operating Profit slipped by 20.30 per cent to Rs 2.12 crore as against Rs 2.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 53.92 per cent in March quarter.

Interest grew by 139.02 per cent y-o-y to Rs 0.98 crore, while Taxation decreased by 75.00 per cent at Rs 0.18 crore (Mar'24 Rs 0.72 crore).