The company reported standalone net profit of Rs 16.99 crore for the quarter ended March 31, 2026 as compared to Rs 19.31 crore in the same period last year, registering a year-on-year decline of 12.01 per cent.

Net revenue of the company rose marginally by 4.07 per cent at Rs 155.13 crore in January-March quarter of this fiscal as against Rs 149.07 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 7.55 per cent to Rs 130.26 crore from Rs 121.12 crore in year ago period.

Other Income grew by 54.51 per cent at Rs 7.20 crore versus (Mar'25 Rs 4.66 crore).

Operating Profit slipped by 11.05 per cent to Rs 24.87 crore as against Rs 27.96 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.51 per cent in March quarter.

Interest grew by 6.59 per cent y-o-y to Rs 0.97 crore, while Taxation increased by 22.61 per cent at Rs 8.73 crore (Mar'25 Rs 7.12 crore).