The company reported standalone net profit of Rs 10.97 crore for the quarter ended March 31, 2026 as compared to Rs 13.45 crore in the same period last year, registering a year-on-year decline of 18.44 per cent.
Net revenue of the company rose moderately by 11.70 per cent at Rs 384.58 crore in January-March quarter of this fiscal as against Rs 344.31 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 13.16 per cent to Rs 358.31 crore from Rs 316.65 crore in year ago period.
Other Income grew by 30.22 per cent at Rs 2.37 crore versus (Mar'25 Rs 1.82 crore).
Operating Profit slipped by 5.03 per cent to Rs 26.27 crore as against Rs 27.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 14.94 per cent in March quarter.
Interest grew by 8.81 per cent y-o-y to Rs 6.92 crore, while Taxation decreased by 50.43 per cent at Rs 2.28 crore (Mar'25 Rs 4.60 crore).