The company reported standalone net profit of Rs 10.76 crore for the quarter ended March 31, 2026 as compared to Rs 30.11 crore in the same period last year, registering a year-on-year decline of 64.26 per cent.

Net revenue of the company declined substantially by 47.61 per cent at Rs 22.59 crore in January-March quarter of this fiscal as against Rs 43.12 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 5.31 per cent to Rs 10.53 crore from Rs 11.12 crore in year ago period.

Other Income grew by 1668.42 per cent at Rs 3.36 crore versus (Mar'25 Rs 0.19 crore).

Operating Profit slipped by 62.34 per cent to Rs 12.05 crore as against Rs 32.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 28.07 per cent in March quarter.

Interest grew by 150.00 per cent y-o-y to Rs 0.05 crore, while Taxation increased by 134.72 per cent at Rs 4.53 crore (Mar'25 Rs 1.93 crore).