The company reported standalone net profit of Rs 11.54 crore for the quarter ended December 31, 2025 as compared to Rs 23.19 crore in the same period last year, registering a year-on-year decline of 50.24 per cent.

Net revenue of the company declined substantially by 47.63 per cent at Rs 254.47 crore in October-December quarter of this fiscal as against Rs 485.92 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 48.32 per cent to Rs 232.56 crore from Rs 450.01 crore in year ago period.

Other Income dipped by 91.40 per cent at Rs 0.85 crore versus (Dec'24 Rs 9.88 crore).

Operating Profit slipped by 41.61 per cent to Rs 25.09 crore as against Rs 42.97 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 11.54 per cent in December quarter.

Interest declined by 53.72 per cent y-o-y to Rs 3.05 crore, while Taxation decreased by 48.01 per cent at Rs 6.80 crore (Dec'24 Rs 13.08 crore).