The company reported standalone net profit of Rs 2.63 crore for the quarter ended March 31, 2025 as compared to Rs 4.06 crore in the same period last year, registering a year-on-year decline of 35.22 per cent.

Net revenue of the company declined moderately by 15.51 per cent at Rs 45.28 crore in January-March quarter of this fiscal as against Rs 53.59 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 14.10 per cent to Rs 39.98 crore from Rs 46.54 crore in year ago period.

Other Income dipped by 70.72 per cent at Rs 0.53 crore versus (Mar'24 Rs 1.81 crore).

Operating Profit slipped by 24.82 per cent to Rs 5.30 crore as against Rs 7.05 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.09 per cent in March quarter.

Interest declined by 80.73 per cent y-o-y to Rs 0.21 crore, while Taxation decreased by 92.70 per cent at Rs 0.13 crore (Mar'24 Rs 1.78 crore).