The company reported standalone net profit of Rs 2.29 crore for the quarter ended March 31, 2026 as compared to Rs 3.62 crore in the same period last year, registering a year-on-year decline of 36.74 per cent.
Net revenue of the company rose moderately by 12.05 per cent at Rs 241.11 crore in January-March quarter of this fiscal as against Rs 215.18 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 12.89 per cent to Rs 229.41 crore from Rs 203.22 crore in year ago period.
Other Income dipped by 71.76 per cent at Rs 0.24 crore versus (Mar'25 Rs 0.85 crore).
Operating Profit slipped by 2.26 per cent to Rs 11.70 crore as against Rs 11.97 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 12.77 per cent in March quarter.
Interest grew by 13.82 per cent y-o-y to Rs 6.26 crore, while Taxation decreased by 27.42 per cent at Rs 0.90 crore (Mar'25 Rs 1.24 crore).