The company reported standalone net profit of Rs 4.26 crore for the quarter ended March 31, 2026 as compared to Rs 9.84 crore in the same period last year, registering a year-on-year decline of 56.71 per cent.

Net revenue of the company rose substantially by 26.84 per cent at Rs 256.28 crore in January-March quarter of this fiscal as against Rs 202.05 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 33.32 per cent to Rs 243.04 crore from Rs 182.30 crore in year ago period.

Other Income dipped by 83.33 per cent at Rs 0.19 crore versus (Mar'25 Rs 1.14 crore).

Operating Profit slipped by 33.01 per cent to Rs 13.23 crore as against Rs 19.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 47.19 per cent in March quarter.

Interest declined by 6.13 per cent y-o-y to Rs 3.06 crore, while Taxation decreased by 51.01 per cent at Rs 1.69 crore (Mar'25 Rs 3.45 crore).