The company reported standalone net profit of Rs 1.37 crore for the quarter ended March 31, 2026 as compared to Rs 2.30 crore in the same period last year, registering a year-on-year decline of 40.43 per cent.

Net revenue of the company rose moderately by 6.14 per cent at Rs 89.40 crore in January-March quarter of this fiscal as against Rs 84.23 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 13.36 per cent to Rs 92.13 crore from Rs 81.27 crore in year ago period.

Other Income grew by 711.94 per cent at Rs 5.44 crore versus (Mar'25 Rs 0.67 crore).

Operating Profit slipped by 192.54 per cent to Rs -2.73 crore as against Rs 2.95 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 186.89 per cent in March quarter.

Interest grew by 90.38 per cent y-o-y to Rs 0.99 crore, while Taxation decreased by 120.41 per cent at Rs -0.10 crore (Mar'25 Rs 0.49 crore).