The company reported standalone net profit of Rs 5.18 crore for the quarter ended March 31, 2026 as compared to Rs 9.98 crore in the same period last year, registering a year-on-year decline of 48.10 per cent.

Net revenue of the company declined substantially by 92.93 per cent at Rs 1.18 crore in January-March quarter of this fiscal as against Rs 16.69 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 65.82 per cent to Rs 7.50 crore from Rs 21.94 crore in year ago period.

Other Income dipped by 46.40 per cent at Rs 18.23 crore versus (Mar'25 Rs 34.01 crore).

Operating Profit surged by 20.38 per cent to Rs -6.32 crore as against Rs -5.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1601.56 per cent in March quarter.

Interest grew by 88.36 per cent y-o-y to Rs 4.37 crore, while Taxation decreased by 91.07 per cent at Rs 1.37 crore (Mar'25 Rs 15.35 crore).