The company reported standalone net profit of Rs 0.60 crore for the quarter ended December 31, 2024 as compared to Rs 4.73 crore in the same period last year, registering a year-on-year decline of 87.32 per cent.
Net revenue of the company declined moderately by 10.89 per cent at Rs 10.56 crore in October-December quarter of this fiscal as against Rs 11.85 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 0.51 per cent to Rs 9.76 crore from Rs 9.71 crore in year ago period.
Other Income dipped by 86.88 per cent at Rs 0.37 crore versus (Dec'23 Rs 2.82 crore).
Operating Profit slipped by 62.62 per cent to Rs 0.80 crore as against Rs 2.14 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 58.03 per cent in December quarter.
Interest grew by 200.00 per cent y-o-y to Rs 0.09 crore, while Taxation increased by 0.00 per cent at Rs 0.15 crore (Dec'23 Rs 0.00 crore).