The company reported standalone net profit of Rs 15.98 crore for the quarter ended March 31, 2026 as compared to Rs 17.97 crore in the same period last year, registering a year-on-year decline of 11.07 per cent.

Net revenue of the company rose moderately by 15.94 per cent at Rs 198.99 crore in January-March quarter of this fiscal as against Rs 171.63 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 20.56 per cent to Rs 175.12 crore from Rs 145.26 crore in year ago period.

Other Income grew by 24.32 per cent at Rs 3.63 crore versus (Mar'25 Rs 2.92 crore).

Operating Profit slipped by 9.48 per cent to Rs 23.87 crore as against Rs 26.37 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 21.94 per cent in March quarter.

Interest declined by 54.05 per cent y-o-y to Rs 0.17 crore, while Taxation decreased by 12.25 per cent at Rs 3.94 crore (Mar'25 Rs 4.49 crore).