The company reported standalone net profit of Rs 9.53 crore for the quarter ended March 31, 2026 as compared to Rs 22.83 crore in the same period last year, registering a year-on-year decline of 58.26 per cent.

Net revenue of the company declined by 0.84 per cent at Rs 57.73 crore in January-March quarter of this fiscal as against Rs 58.22 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 18.53 per cent to Rs 38.18 crore from Rs 32.21 crore in year ago period.

Other Income dipped by 13.31 per cent at Rs 2.41 crore versus (Mar'25 Rs 2.78 crore).

Operating Profit slipped by 24.84 per cent to Rs 19.55 crore as against Rs 26.01 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 24.22 per cent in March quarter.

Interest declined by 17.78 per cent y-o-y to Rs 0.37 crore, while Taxation increased by 209.12 per cent at Rs 8.81 crore (Mar'25 Rs 2.85 crore).