The company reported standalone net profit of Rs 55.61 crore for the quarter ended March 31, 2026 as compared to Rs 71.68 crore in the same period last year, registering a year-on-year decline of 22.42 per cent.

Net revenue of the company declined marginally by 1.20 per cent at Rs 670.61 crore in January-March quarter of this fiscal as against Rs 678.78 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 4.06 per cent to Rs 551.01 crore from Rs 529.51 crore in year ago period.

Other Income grew by 360.61 per cent at Rs 1.72 crore versus (Mar'25 Rs -0.66 crore).

Operating Profit slipped by 19.87 per cent to Rs 119.61 crore as against Rs 149.27 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.87 per cent in March quarter.

Interest declined by 11.41 per cent y-o-y to Rs 21.27 crore, while Taxation decreased by 22.42 per cent at Rs 29.65 crore (Mar'25 Rs 38.22 crore).