The company reported standalone net profit of Rs 43.53 crore for the quarter ended September 30, 2025 as compared to Rs 60.27 crore in the same period last year, registering a year-on-year decline of 27.78 per cent.

Net revenue of the company declined substantially by 31.46 per cent at Rs 216.56 crore in July-September quarter of this fiscal as against Rs 315.94 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 26.59 per cent to Rs 183.78 crore from Rs 250.35 crore in year ago period.

Other Income grew by 21.66 per cent at Rs 3.82 crore versus (Sep'24 Rs 3.14 crore).

Operating Profit slipped by 50.02 per cent to Rs 32.78 crore as against Rs 65.59 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 27.07 per cent in September quarter.

Interest declined by 31.86 per cent y-o-y to Rs 2.01 crore, while Taxation decreased by 957.50 per cent at Rs -3.43 crore (Sep'24 Rs 0.40 crore).