The company reported standalone net profit of Rs 19.78 crore for the quarter ended March 31, 2025 as compared to Rs 6.38 crore in the same period last year, registering a year-on-year growth of 210.03 per cent.

Net revenue of the company declined substantially by 90.62 per cent at Rs 2.98 crore in January-March quarter of this fiscal as against Rs 31.78 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 80.48 per cent to Rs 7.42 crore from Rs 38.02 crore in year ago period.

Other Income grew by 45.28 per cent at Rs 24.16 crore versus (Mar'24 Rs 16.63 crore).

Operating Profit slipped by 28.73 per cent to Rs -4.44 crore as against Rs -6.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 661.28 per cent in March quarter.

Interest declined by 87.18 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 228.50 per cent at Rs 6.57 crore (Mar'24 Rs 2.00 crore).