The company reported standalone net profit of Rs 1.08 crore for the quarter ended December 31, 2025 as compared to Rs 33.52 crore in the same period last year, registering a year-on-year decline of 96.78 per cent.
Net revenue of the company declined substantially by 25.30 per cent at Rs 79.08 crore in October-December quarter of this fiscal as against Rs 105.87 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 35.58 per cent to Rs 87.79 crore from Rs 64.75 crore in year ago period.
Other Income grew by 133.98 per cent at Rs 10.88 crore versus (Dec'24 Rs 4.65 crore).
Operating Profit slipped by 121.18 per cent to Rs -8.71 crore as against Rs 41.12 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 128.37 per cent in December quarter.
Interest declined by 13.95 per cent y-o-y to Rs 0.37 crore, while Taxation decreased by 97.38 per cent at Rs 0.30 crore (Dec'24 Rs 11.43 crore).