The company reported standalone net profit of Rs 1.60 crore for the quarter ended March 31, 2025 as compared to Rs 3.91 crore in the same period last year, registering a year-on-year decline of 59.08 per cent.

Net revenue of the company declined substantially by 22.00 per cent at Rs 314.23 crore in January-March quarter of this fiscal as against Rs 402.88 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 22.64 per cent to Rs 309.78 crore from Rs 400.46 crore in year ago period.

Other Income dipped by 71.61 per cent at Rs 1.34 crore versus (Mar'24 Rs 4.72 crore).

Operating Profit surged by 83.88 per cent to Rs 4.45 crore as against Rs 2.42 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 136.67 per cent in March quarter.

Interest grew by 120.27 per cent y-o-y to Rs 3.26 crore, while Taxation decreased by 53.99 per cent at Rs 0.75 crore (Mar'24 Rs 1.63 crore).