The company reported standalone net profit of Rs 19.38 crore for the quarter ended December 31, 2025 as compared to Rs 41.61 crore in the same period last year, registering a year-on-year decline of 53.42 per cent.

Net revenue of the company declined substantially by 21.52 per cent at Rs 117.86 crore in October-December quarter of this fiscal as against Rs 150.17 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 9.09 per cent to Rs 86.81 crore from Rs 95.49 crore in year ago period.

Other Income dipped by 62.40 per cent at Rs 3.38 crore versus (Dec'24 Rs 8.99 crore).

Operating Profit slipped by 43.22 per cent to Rs 31.05 crore as against Rs 54.68 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 27.66 per cent in December quarter.

Interest declined by 14.94 per cent y-o-y to Rs 0.74 crore, while Taxation decreased by 46.09 per cent at Rs 6.90 crore (Dec'24 Rs 12.80 crore).