The company reported standalone net profit of Rs 39.30 crore for the quarter ended March 31, 2026 as compared to Rs 50.31 crore in the same period last year, registering a year-on-year decline of 21.88 per cent.

Net revenue of the company rose substantially by 23.90 per cent at Rs 767.09 crore in January-March quarter of this fiscal as against Rs 619.10 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 28.10 per cent to Rs 711.88 crore from Rs 555.71 crore in year ago period.

Other Income dipped by 26.93 per cent at Rs 9.85 crore versus (Mar'25 Rs 13.48 crore).

Operating Profit slipped by 12.90 per cent to Rs 55.21 crore as against Rs 63.39 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29.69 per cent in March quarter.

Interest grew by 69.60 per cent y-o-y to Rs 6.36 crore, while Taxation decreased by 25.91 per cent at Rs 13.18 crore (Mar'25 Rs 17.79 crore).