The company reported standalone net profit of Rs 7.36 crore for the quarter ended March 31, 2025 as compared to Rs 13.08 crore in the same period last year, registering a year-on-year decline of 43.73 per cent.

Net revenue of the company rose moderately by 17.81 per cent at Rs 49.14 crore in January-March quarter of this fiscal as against Rs 41.71 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 61.33 per cent to Rs 36.59 crore from Rs 22.68 crore in year ago period.

Other Income grew by 4.35 per cent at Rs 0.48 crore versus (Mar'24 Rs 0.46 crore).

Operating Profit slipped by 34.05 per cent to Rs 12.55 crore as against Rs 19.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 44.03 per cent in March quarter.

Interest grew by 120.00 per cent y-o-y to Rs 0.66 crore, while Taxation decreased by 40.75 per cent at Rs 2.21 crore (Mar'24 Rs 3.73 crore).