The company reported standalone net profit of Rs 22.37 crore for the quarter ended March 31, 2026 as compared to Rs 32.01 crore in the same period last year, registering a year-on-year decline of 30.12 per cent.

Net revenue of the company declined marginally by 2.33 per cent at Rs 304.23 crore in January-March quarter of this fiscal as against Rs 311.49 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 7.94 per cent to Rs 297.34 crore from Rs 275.46 crore in year ago period.

Other Income grew by 67.49 per cent at Rs 12.93 crore versus (Mar'25 Rs 7.72 crore).

Operating Profit slipped by 80.85 per cent to Rs 6.90 crore as against Rs 36.03 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 80.38 per cent in March quarter.

Interest grew by 57.14 per cent y-o-y to Rs 0.11 crore, while Taxation decreased by 133.67 per cent at Rs -3.62 crore (Mar'25 Rs 10.75 crore).