The company reported standalone net profit of Rs 27.33 crore for the quarter ended March 31, 2026 as compared to Rs 98.22 crore in the same period last year, registering a year-on-year decline of 72.17 per cent.

Net revenue of the company declined moderately by 8.67 per cent at Rs 1,905.11 crore in January-March quarter of this fiscal as against Rs 2,085.98 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 3.25 per cent to Rs 1,812.78 crore from Rs 1,873.62 crore in year ago period.

Other Income grew by 266.10 per cent at Rs 10.80 crore versus (Mar'25 Rs 2.95 crore).

Operating Profit slipped by 56.52 per cent to Rs 92.33 crore as against Rs 212.36 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 52.36 per cent in March quarter.

Interest declined by 53.56 per cent y-o-y to Rs 15.20 crore, while Taxation decreased by 123.63 per cent at Rs -3.54 crore (Mar'25 Rs 14.98 crore).