The company reported standalone net profit of Rs 9.51 crore for the quarter ended March 31, 2026 as compared to Rs 10.63 crore in the same period last year, registering a year-on-year decline of 10.54 per cent.
Net revenue of the company declined substantially by 48.51 per cent at Rs 539.98 crore in January-March quarter of this fiscal as against Rs 1,048.65 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 48.05 per cent to Rs 526.94 crore from Rs 1,014.25 crore in year ago period.
Other Income grew by 479.63 per cent at Rs 9.39 crore versus (Mar'25 Rs 1.62 crore).
Operating Profit slipped by 62.09 per cent to Rs 13.04 crore as against Rs 34.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.52 per cent in March quarter.
Interest declined by 138.59 per cent y-o-y to Rs -3.50 crore, while Taxation increased by 41.28 per cent at Rs 5.51 crore (Mar'25 Rs 3.90 crore).