The company reported standalone net profit of Rs 2.05 crore for the quarter ended March 31, 2026 as compared to Rs 3.40 crore in the same period last year, registering a year-on-year decline of 39.71 per cent.

Net revenue of the company declined substantially by 38.66 per cent at Rs 146.70 crore in January-March quarter of this fiscal as against Rs 239.15 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 39.97 per cent to Rs 143.63 crore from Rs 239.25 crore in year ago period.

Other Income dipped by 91.37 per cent at Rs 0.74 crore versus (Mar'25 Rs 8.57 crore).

Operating Profit surged by 3170.00 per cent to Rs 3.07 crore as against Rs -0.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 5350.00 per cent in March quarter.

Interest declined by 47.59 per cent y-o-y to Rs 0.98 crore, while Taxation decreased by 112.83 per cent at Rs -0.29 crore (Mar'25 Rs 2.26 crore).