The company reported standalone net profit of Rs 93.30 crore for the quarter ended March 31, 2025 as compared to Rs 2.68 crore in the same period last year, registering a year-on-year growth of 3381.34 per cent.

Net revenue of the company declined substantially by 48.56 per cent at Rs 66.25 crore in January-March quarter of this fiscal as against Rs 128.80 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 30.42 per cent to Rs 85.04 crore from Rs 122.22 crore in year ago period.

Other Income grew by 515.33 per cent at Rs 9.23 crore versus (Mar'24 Rs 1.50 crore).

Operating Profit slipped by 385.56 per cent to Rs -18.79 crore as against Rs 6.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 654.99 per cent in March quarter.

Interest declined by 92.17 per cent y-o-y to Rs 0.17 crore, while Taxation decreased by 8758.68 per cent at Rs -104.77 crore (Mar'24 Rs 1.21 crore).