The company reported standalone net profit of Rs 1.37 crore for the quarter ended March 31, 2026 as compared to Rs 17.06 crore in the same period last year, registering a year-on-year decline of 91.97 per cent.

Net revenue of the company declined substantially by 34.58 per cent at Rs 17.46 crore in January-March quarter of this fiscal as against Rs 26.69 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 35.57 per cent to Rs 16.25 crore from Rs 25.22 crore in year ago period.

Other Income grew by 526.67 per cent at Rs 0.94 crore versus (Mar'25 Rs 0.15 crore).

Operating Profit slipped by 17.69 per cent to Rs 1.21 crore as against Rs 1.47 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 25.54 per cent in March quarter.

Interest declined by 65.52 per cent y-o-y to Rs 0.20 crore, while Taxation decreased by 91.12 per cent at Rs 0.27 crore (Mar'25 Rs 3.04 crore).