The company reported standalone net profit of Rs 2.04 crore for the quarter ended March 31, 2026 as compared to Rs 5.42 crore in the same period last year, registering a year-on-year decline of 62.36 per cent.

Net revenue of the company rose substantially by 41.18 per cent at Rs 136.86 crore in January-March quarter of this fiscal as against Rs 96.94 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 56.41 per cent to Rs 135.28 crore from Rs 86.49 crore in year ago period.

Other Income grew by 320.34 per cent at Rs 7.44 crore versus (Mar'25 Rs 1.77 crore).

Operating Profit slipped by 84.98 per cent to Rs 1.57 crore as against Rs 10.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 89.33 per cent in March quarter.

Interest declined by 4.31 per cent y-o-y to Rs 5.11 crore, while Taxation increased by 0.00 per cent at Rs 0.55 crore (Mar'25 Rs 0.00 crore).