The company reported standalone net profit of Rs 2.63 crore for the quarter ended March 31, 2026 as compared to Rs 10.49 crore in the same period last year, registering a year-on-year decline of 74.93 per cent.

Net revenue of the company rose moderately by 15.26 per cent at Rs 375.54 crore in January-March quarter of this fiscal as against Rs 325.81 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 20.79 per cent to Rs 332.85 crore from Rs 275.56 crore in year ago period.

Other Income dipped by 26.73 per cent at Rs 7.18 crore versus (Mar'25 Rs 9.80 crore).

Operating Profit slipped by 15.04 per cent to Rs 42.69 crore as against Rs 50.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.26 per cent in March quarter.

Interest declined by 51.85 per cent y-o-y to Rs 0.52 crore, while Taxation decreased by 48.71 per cent at Rs 2.58 crore (Mar'25 Rs 5.03 crore).