The company reported standalone net profit of Rs 14.93 crore for the quarter ended March 31, 2026 as compared to Rs 29.53 crore in the same period last year, registering a year-on-year decline of 49.44 per cent.

Net revenue of the company rose substantially by 25.52 per cent at Rs 101.58 crore in January-March quarter of this fiscal as against Rs 80.93 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 25.81 per cent to Rs 117.56 crore from Rs 93.44 crore in year ago period.

Other Income grew by 0.34 per cent at Rs 47.88 crore versus (Mar'25 Rs 47.72 crore).

Operating Profit surged by 27.74 per cent to Rs -15.98 crore as against Rs -12.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1.75 per cent in March quarter.

Interest grew by 16.67 per cent y-o-y to Rs 1.54 crore, while Taxation increased by 23.56 per cent at Rs 6.66 crore (Mar'25 Rs 5.39 crore).