The company reported standalone net profit of Rs 1.25 crore for the quarter ended March 31, 2026 as compared to Rs 3.36 crore in the same period last year, registering a year-on-year decline of 62.80 per cent.

Net revenue of the company declined substantially by 82.82 per cent at Rs 16.92 crore in January-March quarter of this fiscal as against Rs 98.49 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 80.10 per cent to Rs 20.43 crore from Rs 102.66 crore in year ago period.

Other Income dipped by 33.65 per cent at Rs 5.56 crore versus (Mar'25 Rs 8.38 crore).

Operating Profit slipped by 15.63 per cent to Rs -3.51 crore as against Rs -4.16 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 390.78 per cent in March quarter.