The company reported standalone net profit of Rs 2.74 crore for the quarter ended March 31, 2026 as compared to Rs 5.46 crore in the same period last year, registering a year-on-year decline of 49.82 per cent.

Net revenue of the company declined moderately by 9.59 per cent at Rs 65.31 crore in January-March quarter of this fiscal as against Rs 72.24 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 8.13 per cent to Rs 58.11 crore from Rs 63.25 crore in year ago period.

Other Income grew by 95.00 per cent at Rs 0.78 crore versus (Mar'25 Rs 0.40 crore).

Operating Profit slipped by 19.91 per cent to Rs 7.20 crore as against Rs 8.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.49 per cent in March quarter.

Interest grew by 54.03 per cent y-o-y to Rs 1.91 crore, while Taxation increased by 32.03 per cent at Rs 1.69 crore (Mar'25 Rs 1.28 crore).