The company reported standalone net profit of Rs 0.60 crore for the quarter ended March 31, 2026 as compared to Rs 3.69 crore in the same period last year, registering a year-on-year decline of 83.74 per cent.

Net revenue of the company rose substantially by 76.94 per cent at Rs 73.57 crore in January-March quarter of this fiscal as against Rs 41.58 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 87.50 per cent to Rs 73.50 crore from Rs 39.20 crore in year ago period.

Other Income dipped by 63.82 per cent at Rs 1.10 crore versus (Mar'25 Rs 3.04 crore).

Operating Profit slipped by 96.65 per cent to Rs 0.08 crore as against Rs 2.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 98.26 per cent in March quarter.

Interest declined by 19.35 per cent y-o-y to Rs 0.25 crore, while Taxation decreased by 78.42 per cent at Rs 0.30 crore (Mar'25 Rs 1.39 crore).