The company reported standalone net profit of Rs 14.80 crore for the quarter ended March 31, 2026 as compared to Rs 22.23 crore in the same period last year, registering a year-on-year decline of 33.42 per cent.

Net revenue of the company declined moderately by 11.06 per cent at Rs 91.70 crore in January-March quarter of this fiscal as against Rs 103.10 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 1.91 per cent to Rs 73.24 crore from Rs 71.87 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 2.23 crore versus (Mar'25 Rs 0.00 crore).

Operating Profit slipped by 40.89 per cent to Rs 18.46 crore as against Rs 31.23 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 33.54 per cent in March quarter.

Interest declined by 61.16 per cent y-o-y to Rs 3.55 crore, while Taxation increased by 518.75 per cent at Rs 2.01 crore (Mar'25 Rs -0.48 crore).