The company's net profit declined sharply by 34.4% year-on-year to ₹10.5 crore, compared with ₹16.7 crore in the same quarter last year.
Revenue saw a modest increase of 2.2% to ₹209 crore from ₹205 crore, pointing to subdued topline growth during the quarter.
Operating performance also softened, with EBITDA falling 6% year-on-year to ₹7.2 crore from ₹8 crore. As a result, operating margins contracted to 3.5% from 3.9% in the year-ago quarter.
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