The company reported standalone net profit of Rs 7.28 crore for the quarter ended March 31, 2026 as compared to Rs 13.23 crore in the same period last year, registering a year-on-year decline of 44.97 per cent.

Net revenue of the company declined by 5.57 per cent at Rs 53.45 crore in January-March quarter of this fiscal as against Rs 56.60 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 3.02 per cent to Rs 60.01 crore from Rs 58.25 crore in year ago period.

Other Income dipped by 39.52 per cent at Rs 22.60 crore versus (Mar'25 Rs 37.37 crore).

Operating Profit surged by 297.58 per cent to Rs -6.56 crore as against Rs -1.65 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 320.21 per cent in March quarter.

Interest declined by 64.23 per cent y-o-y to Rs 1.47 crore, while Taxation increased by 21.30 per cent at Rs 6.72 crore (Mar'25 Rs 5.54 crore).