The company reported standalone net profit of Rs 7.95 crore for the quarter ended March 31, 2025 as compared to Rs 3.01 crore in the same period last year, registering a year-on-year growth of 164.12 per cent.

Net revenue of the company declined substantially by 46.73 per cent at Rs 118.92 crore in January-March quarter of this fiscal as against Rs 223.24 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 46.27 per cent to Rs 105.80 crore from Rs 196.92 crore in year ago period.

Other Income grew by 42.45 per cent at Rs 6.98 crore versus (Mar'24 Rs 4.90 crore).

Operating Profit slipped by 50.13 per cent to Rs 13.12 crore as against Rs 26.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.45 per cent in March quarter.

Interest declined by 14.07 per cent y-o-y to Rs 2.81 crore, while Taxation increased by 46.71 per cent at Rs 2.45 crore (Mar'24 Rs 1.67 crore).