Mumbai, April 22 -- Revenue from operations fell 10.19% YoY to Rs 55.07 crore in the quarter ended 31 March 2025.

On the segmental front, revenue from precured tread rubber and allied products/services stood at Rs 55.06 crore, registering a decline of 10.20% year-on-year (YoY). Revenue from the electronics segment, including green energy storage, was reported at Rs 0.15 lakh during the quarter.

Total expenses decreased by 4.21% YoY to Rs 57.24 crore during the quarter. Cost of materials consumed stood at Rs 37.33 crore (down 10.30% YoY), purchases of stock in trade and services stood at Rs 1.95 crore (up 59.83% YoY) and employee benefit expenses stood at Rs 6.59 crore (up 2.80% YoY) during the period under review.

Profit before tax in ...