The company reported standalone net profit of Rs 1.10 crore for the quarter ended March 31, 2026 as compared to Rs 19.02 crore in the same period last year, registering a year-on-year decline of 94.22 per cent.

Net revenue of the company rose substantially by 22.99 per cent at Rs 123.11 crore in January-March quarter of this fiscal as against Rs 100.10 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 26.46 per cent to Rs 110.78 crore from Rs 87.60 crore in year ago period.

Other Income grew by 51.15 per cent at Rs 2.63 crore versus (Mar'25 Rs 1.74 crore).

Operating Profit slipped by 1.36 per cent to Rs 12.33 crore as against Rs 12.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 19.86 per cent in March quarter.

Interest grew by 1.52 per cent y-o-y to Rs 7.36 crore, while Taxation increased by 109.90 per cent at Rs 1.60 crore (Mar'25 Rs -16.16 crore).