The company reported standalone net profit of Rs 2.87 crore for the quarter ended March 31, 2025 as compared to Rs 3.43 crore in the same period last year, registering a year-on-year decline of 16.33 per cent.
Net revenue of the company declined moderately by 19.02 per cent at Rs 12.56 crore in January-March quarter of this fiscal as against Rs 15.51 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 33.84 per cent to Rs 9.62 crore from Rs 14.54 crore in year ago period.
Other Income grew by 3.49 per cent at Rs 4.74 crore versus (Mar'24 Rs 4.58 crore).
Operating Profit surged by 206.25 per cent to Rs 2.94 crore as against Rs 0.96 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 277.13 per cent in March quarter.
Interest grew by 2.94 per cent y-o-y to Rs 0.70 crore, while Taxation increased by 217.36 per cent at Rs 3.84 crore (Mar'24 Rs 1.21 crore).