The company reported standalone net profit of Rs 0.69 crore for the quarter ended March 31, 2026 as compared to Rs 1.94 crore in the same period last year, registering a year-on-year decline of 64.43 per cent.

Net revenue of the company declined substantially by 24.12 per cent at Rs 53.49 crore in January-March quarter of this fiscal as against Rs 70.49 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 22.50 per cent to Rs 52.32 crore from Rs 67.51 crore in year ago period.

Operating Profit slipped by 60.74 per cent to Rs 1.17 crore as against Rs 2.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 48.10 per cent in March quarter.

Taxation decreased by 53.85 per cent at Rs 0.48 crore (Mar'25 Rs 1.04 crore).