The company reported standalone net profit of Rs 21.20 crore for the quarter ended December 31, 2025 as compared to Rs 85.07 crore in the same period last year, registering a year-on-year decline of 75.08 per cent.

Net revenue of the company declined substantially by 61.22 per cent at Rs 57.95 crore in October-December quarter of this fiscal as against Rs 149.43 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 40.53 per cent to Rs 12.37 crore from Rs 20.80 crore in year ago period.

Other Income dipped by 95.28 per cent at Rs 0.05 crore versus (Dec'24 Rs 1.06 crore).

Operating Profit slipped by 64.57 per cent to Rs 45.58 crore as against Rs 128.63 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.63 per cent in December quarter.

Interest grew by 45.08 per cent y-o-y to Rs 20.95 crore, while Taxation decreased by 91.10 per cent at Rs 2.63 crore (Dec'24 Rs 29.54 crore).