The company reported standalone net profit of Rs 3.55 crore for the quarter ended March 31, 2025 as compared to Rs 1.81 crore in the same period last year, registering a year-on-year growth of 96.13 per cent.

Net revenue of the company declined substantially by 22.87 per cent at Rs 55.80 crore in January-March quarter of this fiscal as against Rs 72.35 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 17.88 per cent to Rs 61.33 crore from Rs 74.68 crore in year ago period.

Other Income grew by 170.28 per cent at Rs 15.46 crore versus (Mar'24 Rs 5.72 crore).

Operating Profit surged by 137.34 per cent to Rs -5.53 crore as against Rs -2.33 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 207.76 per cent in March quarter.

Interest declined by 53.64 per cent y-o-y to Rs 0.51 crore, while Taxation increased by 7940.00 per cent at Rs 3.92 crore (Mar'24 Rs -0.05 crore).