The company reported standalone net profit of Rs 4.48 crore for the quarter ended March 31, 2026 as compared to Rs 5.71 crore in the same period last year, registering a year-on-year decline of 21.54 per cent.

Net revenue of the company declined substantially by 26.67 per cent at Rs 38.98 crore in January-March quarter of this fiscal as against Rs 53.16 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 25.55 per cent to Rs 33.98 crore from Rs 45.64 crore in year ago period.

Other Income grew by 30.00 per cent at Rs 2.34 crore versus (Mar'25 Rs 1.80 crore).

Operating Profit slipped by 33.51 per cent to Rs 5.00 crore as against Rs 7.52 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.33 per cent in March quarter.

Interest declined by 39.29 per cent y-o-y to Rs 0.17 crore, while Taxation decreased by 20.51 per cent at Rs 1.55 crore (Mar'25 Rs 1.95 crore).