The company reported standalone net profit of Rs 4.12 crore for the quarter ended March 31, 2026 as compared to Rs 10.46 crore in the same period last year, registering a year-on-year decline of 60.61 per cent.

Net revenue of the company rose substantially by 86.94 per cent at Rs 95.21 crore in January-March quarter of this fiscal as against Rs 50.93 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 143.13 per cent to Rs 86.53 crore from Rs 35.59 crore in year ago period.

Other Income grew by 114.29 per cent at Rs 9.15 crore versus (Mar'25 Rs 4.27 crore).

Operating Profit slipped by 43.42 per cent to Rs 8.68 crore as against Rs 15.34 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 69.72 per cent in March quarter.

Interest grew by 92.98 per cent y-o-y to Rs 11.00 crore, while Taxation decreased by 28.24 per cent at Rs 2.49 crore (Mar'25 Rs 3.47 crore).