The company reported standalone net profit of Rs 0.83 crore for the quarter ended March 31, 2026 as compared to Rs 2.82 crore in the same period last year, registering a year-on-year decline of 70.57 per cent.

Net revenue of the company declined marginally by 2.38 per cent at Rs 240.51 crore in January-March quarter of this fiscal as against Rs 246.37 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 1.70 per cent to Rs 228.46 crore from Rs 232.42 crore in year ago period.

Other Income grew by 60.71 per cent at Rs 1.35 crore versus (Mar'25 Rs 0.84 crore).

Operating Profit slipped by 13.62 per cent to Rs 12.05 crore as against Rs 13.95 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.48 per cent in March quarter.

Interest declined by 6.72 per cent y-o-y to Rs 7.22 crore, while Taxation decreased by 55.92 per cent at Rs 0.67 crore (Mar'25 Rs 1.52 crore).