The company reported standalone net profit of Rs 1.19 crore for the quarter ended March 31, 2026 as compared to Rs 1.47 crore in the same period last year, registering a year-on-year decline of 19.05 per cent.

Net revenue of the company rose moderately by 15.86 per cent at Rs 48.30 crore in January-March quarter of this fiscal as against Rs 41.69 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 18.18 per cent to Rs 57.21 crore from Rs 48.41 crore in year ago period.

Other Income grew by 0.57 per cent at Rs 12.44 crore versus (Mar'25 Rs 12.37 crore).

Operating Profit surged by 32.24 per cent to Rs -8.90 crore as against Rs -6.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.19 per cent in March quarter.

Interest declined by 49.85 per cent y-o-y to Rs 1.71 crore, while Taxation decreased by 37.29 per cent at Rs 0.37 crore (Mar'25 Rs 0.59 crore).