The company reported standalone net profit of Rs 7.75 crore for the quarter ended March 31, 2025 as compared to Rs 14.42 crore in the same period last year, registering a year-on-year decline of 46.26 per cent.

Net revenue of the company rose triple digit by 148.35 per cent at Rs 333.81 crore in January-March quarter of this fiscal as against Rs 134.41 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 174.86 per cent to Rs 320.02 crore from Rs 116.43 crore in year ago period.

Other Income dipped by 50.00 per cent at Rs 0.29 crore versus (Mar'24 Rs 0.58 crore).

Operating Profit slipped by 23.30 per cent to Rs 13.79 crore as against Rs 17.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 69.13 per cent in March quarter.

Interest declined by 25.86 per cent y-o-y to Rs 0.86 crore, while Taxation decreased by 83.33 per cent at Rs -0.02 crore (Mar'24 Rs -0.12 crore).