The company reported standalone net profit of Rs 1.89 crore for the quarter ended March 31, 2026 as compared to Rs 2.65 crore in the same period last year, registering a year-on-year decline of 28.68 per cent.
Net revenue of the company rose by 0.92 per cent at Rs 90.05 crore in January-March quarter of this fiscal as against Rs 89.23 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 11.50 per cent to Rs 83.06 crore from Rs 74.49 crore in year ago period.
Other Income grew by 53.33 per cent at Rs 0.23 crore versus (Mar'25 Rs 0.15 crore).
Operating Profit slipped by 52.58 per cent to Rs 6.99 crore as against Rs 14.74 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 53.03 per cent in March quarter.
Interest declined by 4.78 per cent y-o-y to Rs 2.59 crore, while Taxation increased by 101.96 per cent at Rs 1.03 crore (Mar'25 Rs 0.51 crore).