The company reported standalone net profit of Rs 0.39 crore for the quarter ended March 31, 2025 as compared to Rs 1.19 crore in the same period last year, registering a year-on-year decline of 67.23 per cent.

Net revenue of the company declined moderately by 11.67 per cent at Rs 23.00 crore in January-March quarter of this fiscal as against Rs 26.04 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 14.74 per cent to Rs 19.26 crore from Rs 22.59 crore in year ago period.

Other Income dipped by 21.33 per cent at Rs 0.59 crore versus (Mar'24 Rs 0.75 crore).

Operating Profit surged by 8.41 per cent to Rs 3.74 crore as against Rs 3.45 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 22.57 per cent in March quarter.

Interest declined by 26.24 per cent y-o-y to Rs 1.49 crore, while Taxation increased by 169.14 per cent at Rs 0.56 crore (Mar'24 Rs -0.81 crore).