The company reported standalone net profit of Rs 1.87 crore for the quarter ended March 31, 2026 as compared to Rs 7.47 crore in the same period last year, registering a year-on-year decline of 74.97 per cent.

Net revenue of the company declined substantially by 81.32 per cent at Rs 16.48 crore in January-March quarter of this fiscal as against Rs 88.22 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 81.54 per cent to Rs 13.66 crore from Rs 74.01 crore in year ago period.

Other Income dipped by 19.25 per cent at Rs 1.30 crore versus (Mar'25 Rs 1.61 crore).

Operating Profit slipped by 80.15 per cent to Rs 2.82 crore as against Rs 14.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.21 per cent in March quarter.

Interest grew by 25.00 per cent y-o-y to Rs 0.15 crore, while Taxation decreased by 84.02 per cent at Rs 0.85 crore (Mar'25 Rs 5.32 crore).