The company reported standalone net profit of Rs 1.26 crore for the quarter ended March 31, 2026 as compared to Rs 5.64 crore in the same period last year, registering a year-on-year decline of 77.66 per cent.

Net revenue of the company rose substantially by 58.39 per cent at Rs 320.31 crore in January-March quarter of this fiscal as against Rs 202.23 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 64.04 per cent to Rs 305.93 crore from Rs 186.50 crore in year ago period.

Other Income grew by 94.12 per cent at Rs 0.99 crore versus (Mar'25 Rs 0.51 crore).

Operating Profit slipped by 8.58 per cent to Rs 14.38 crore as against Rs 15.73 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 42.29 per cent in March quarter.

Interest grew by 46.14 per cent y-o-y to Rs 11.75 crore, while Taxation decreased by 89.21 per cent at Rs 0.15 crore (Mar'25 Rs 1.39 crore).