The company reported standalone net profit of Rs 12.23 crore for the quarter ended March 31, 2026 as compared to Rs 14.80 crore in the same period last year, registering a year-on-year decline of 17.36 per cent.

Net revenue of the company declined marginally by 4.16 per cent at Rs 143.14 crore in January-March quarter of this fiscal as against Rs 149.35 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 0.71 per cent to Rs 102.72 crore from Rs 102.00 crore in year ago period.

Other Income dipped by 40.45 per cent at Rs 15.97 crore versus (Mar'25 Rs 26.82 crore).

Operating Profit slipped by 14.64 per cent to Rs 40.42 crore as against Rs 47.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.91 per cent in March quarter.

Interest grew by 25.00 per cent y-o-y to Rs 0.10 crore, while Taxation increased by 15.89 per cent at Rs 4.74 crore (Mar'25 Rs 4.09 crore).