The company reported standalone net profit of Rs 7.37 crore for the quarter ended March 31, 2025 as compared to Rs 9.87 crore in the same period last year, registering a year-on-year decline of 25.33 per cent.

Net revenue of the company rose substantially by 25.65 per cent at Rs 124.03 crore in January-March quarter of this fiscal as against Rs 98.71 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 28.24 per cent to Rs 117.28 crore from Rs 91.45 crore in year ago period.

Other Income dipped by 34.61 per cent at Rs 6.48 crore versus (Mar'24 Rs 9.91 crore).

Operating Profit slipped by 7.02 per cent to Rs 6.75 crore as against Rs 7.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.09 per cent in March quarter.

Interest grew by 60.58 per cent y-o-y to Rs 2.20 crore, while Taxation decreased by 64.03 per cent at Rs 1.59 crore (Mar'24 Rs 4.42 crore).