The company reported standalone net profit of Rs 21.57 crore for the quarter ended March 31, 2026 as compared to Rs 29.31 crore in the same period last year, registering a year-on-year decline of 26.41 per cent.
Net revenue of the company declined moderately by 9.96 per cent at Rs 109.88 crore in January-March quarter of this fiscal as against Rs 122.04 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.48 per cent to Rs 88.04 crore from Rs 89.36 crore in year ago period.
Other Income grew by 57.22 per cent at Rs 6.10 crore versus (Mar'25 Rs 3.88 crore).
Operating Profit slipped by 33.15 per cent to Rs 21.84 crore as against Rs 32.67 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.78 per cent in March quarter.
Interest declined by 7.36 per cent y-o-y to Rs 2.77 crore, while Taxation increased by 666.42 per cent at Rs 7.59 crore (Mar'25 Rs -1.34 crore).