The company reported standalone net profit of Rs 1.48 crore for the quarter ended March 31, 2026 as compared to Rs 4.44 crore in the same period last year, registering a year-on-year decline of 66.67 per cent.

Net revenue of the company declined substantially by 20.60 per cent at Rs 188.49 crore in January-March quarter of this fiscal as against Rs 237.40 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 18.48 per cent to Rs 187.40 crore from Rs 229.87 crore in year ago period.

Other Income grew by 59.11 per cent at Rs 3.93 crore versus (Mar'25 Rs 2.47 crore).

Operating Profit slipped by 85.41 per cent to Rs 1.10 crore as against Rs 7.54 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 81.70 per cent in March quarter.

Interest grew by 6.49 per cent y-o-y to Rs 1.97 crore, while Taxation decreased by 78.79 per cent at Rs 0.56 crore (Mar'25 Rs 2.64 crore).