The company reported standalone net profit of Rs 105.46 crore for the quarter ended March 31, 2026 as compared to Rs 206.32 crore in the same period last year, registering a year-on-year decline of 48.89 per cent.

Net revenue of the company declined marginally by 2.67 per cent at Rs 990.73 crore in January-March quarter of this fiscal as against Rs 1,017.87 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 0.44 per cent to Rs 819.80 crore from Rs 823.42 crore in year ago period.

Other Income grew by 68.20 per cent at Rs 34.33 crore versus (Mar'25 Rs 20.41 crore).

Operating Profit slipped by 12.10 per cent to Rs 170.93 crore as against Rs 194.45 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.69 per cent in March quarter.

Interest grew by 49.17 per cent y-o-y to Rs 24.18 crore, while Taxation increased by 186.25 per cent at Rs 39.14 crore (Mar'25 Rs -45.38 crore).