The company reported standalone net profit of Rs 1.56 crore for the quarter ended March 31, 2026 as compared to Rs 3.93 crore in the same period last year, registering a year-on-year decline of 60.31 per cent.
Net revenue of the company declined substantially by 21.76 per cent at Rs 68.73 crore in January-March quarter of this fiscal as against Rs 87.85 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 14.98 per cent to Rs 61.35 crore from Rs 72.16 crore in year ago period.
Other Income grew by 215.75 per cent at Rs 4.01 crore versus (Mar'25 Rs 1.27 crore).
Operating Profit slipped by 53.00 per cent to Rs 7.37 crore as against Rs 15.68 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 39.89 per cent in March quarter.
Interest grew by 33.33 per cent y-o-y to Rs 2.08 crore, while Taxation decreased by 59.34 per cent at Rs 0.74 crore (Mar'25 Rs 1.82 crore).