The company reported standalone net profit of Rs 0.42 crore for the quarter ended March 31, 2026 as compared to Rs 4.56 crore in the same period last year, registering a year-on-year decline of 90.79 per cent.

Net revenue of the company declined by 5.17 per cent at Rs 24.05 crore in January-March quarter of this fiscal as against Rs 25.36 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 40.71 per cent to Rs 19.77 crore from Rs 14.05 crore in year ago period.

Other Income dipped by 51.55 per cent at Rs 0.78 crore versus (Mar'25 Rs 1.61 crore).

Operating Profit slipped by 62.16 per cent to Rs 4.28 crore as against Rs 11.31 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 60.13 per cent in March quarter.

Interest declined by 27.38 per cent y-o-y to Rs 3.66 crore, while Taxation decreased by 64.94 per cent at Rs 0.27 crore (Mar'25 Rs 0.77 crore).