The company reported standalone net profit of Rs 14.94 crore for the quarter ended March 31, 2026 as compared to Rs 218.09 crore in the same period last year, registering a year-on-year decline of 93.15 per cent.

Net revenue of the company rose moderately by 19.31 per cent at Rs 172.70 crore in January-March quarter of this fiscal as against Rs 144.75 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 3.67 per cent to Rs 152.40 crore from Rs 158.21 crore in year ago period.

Other Income dipped by 49.89 per cent at Rs 2.21 crore versus (Mar'25 Rs 4.41 crore).

Operating Profit surged by 250.71 per cent to Rs 20.30 crore as against Rs -13.47 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 226.45 per cent in March quarter.

Interest declined by 90.88 per cent y-o-y to Rs -2.44 crore, while Taxation decreased by 139.95 per cent at Rs -3.22 crore (Mar'25 Rs 8.06 crore).