The company reported standalone net profit of Rs 2.12 crore for the quarter ended September 30, 2026 as compared to Rs 19.91 crore in the same period last year, registering a year-on-year decline of 89.35 per cent.
Net revenue of the company declined substantially by 41.57 per cent at Rs 69.33 crore in July-September quarter of this fiscal as against Rs 118.65 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 29.81 per cent to Rs 63.49 crore from Rs 90.46 crore in year ago period.
Other Income dipped by 65.45 per cent at Rs 0.19 crore versus (Sep'25 Rs 0.55 crore).
Operating Profit slipped by 79.25 per cent to Rs 5.85 crore as against Rs 28.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 64.52 per cent in September quarter.
Interest declined by 15.38 per cent y-o-y to Rs 1.43 crore, while Taxation decreased by 88.73 per cent at Rs 0.56 crore (Sep'25 Rs 4.97 crore).