The company reported standalone net profit of Rs 18.85 crore for the quarter ended March 31, 2026 as compared to Rs 24.95 crore in the same period last year, registering a year-on-year decline of 24.45 per cent.

Net revenue of the company rose moderately by 12.98 per cent at Rs 562.60 crore in January-March quarter of this fiscal as against Rs 497.95 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 10.89 per cent to Rs 518.30 crore from Rs 467.41 crore in year ago period.

Other Income dipped by 50.43 per cent at Rs 7.58 crore versus (Mar'25 Rs 15.29 crore).

Operating Profit surged by 45.06 per cent to Rs 44.30 crore as against Rs 30.54 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 28.38 per cent in March quarter.

Interest grew by 40.08 per cent y-o-y to Rs 3.32 crore, while Taxation increased by 35.60 per cent at Rs 8.57 crore (Mar'25 Rs 6.32 crore).