The company reported standalone net profit of Rs 2.97 crore for the quarter ended December 31, 2025 as compared to Rs 6.58 crore in the same period last year, registering a year-on-year decline of 54.86 per cent.

Net revenue of the company declined substantially by 46.06 per cent at Rs 499.53 crore in October-December quarter of this fiscal as against Rs 926.15 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 46.67 per cent to Rs 478.48 crore from Rs 897.14 crore in year ago period.

Other Income dipped by 21.62 per cent at Rs 1.45 crore versus (Dec'24 Rs 1.85 crore).

Operating Profit slipped by 27.47 per cent to Rs 21.04 crore as against Rs 29.01 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 34.50 per cent in December quarter.

Interest declined by 21.81 per cent y-o-y to Rs 6.74 crore, while Taxation decreased by 44.88 per cent at Rs 1.13 crore (Dec'24 Rs 2.05 crore).