The company reported standalone net profit of Rs 2.32 crore for the quarter ended March 31, 2026 as compared to Rs 4.04 crore in the same period last year, registering a year-on-year decline of 42.57 per cent.

Net revenue of the company declined substantially by 22.93 per cent at Rs 88.45 crore in January-March quarter of this fiscal as against Rs 114.76 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 23.70 per cent to Rs 88.77 crore from Rs 116.34 crore in year ago period.

Other Income grew by 18.99 per cent at Rs 3.07 crore versus (Mar'25 Rs 2.58 crore).

Operating Profit slipped by 105.93 per cent to Rs -0.32 crore as against Rs 5.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 107.64 per cent in March quarter.

Interest grew by 5.88 per cent y-o-y to Rs 0.72 crore, while Taxation decreased by 132.82 per cent at Rs -0.86 crore (Mar'25 Rs 2.62 crore).