The company reported standalone net profit of Rs 8.63 crore for the quarter ended September 30, 2026 as compared to Rs 25.03 crore in the same period last year, registering a year-on-year decline of 65.52 per cent.

Net revenue of the company declined substantially by 32.81 per cent at Rs 118.18 crore in July-September quarter of this fiscal as against Rs 175.89 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 29.20 per cent to Rs 99.65 crore from Rs 140.74 crore in year ago period.

Other Income dipped by 74.04 per cent at Rs 2.57 crore versus (Sep'25 Rs 9.90 crore).

Operating Profit slipped by 47.28 per cent to Rs 18.53 crore as against Rs 35.15 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.52 per cent in September quarter.

Interest declined by 23.67 per cent y-o-y to Rs 7.32 crore, while Taxation decreased by 68.07 per cent at Rs 2.73 crore (Sep'25 Rs 8.55 crore).