The company reported standalone net profit of Rs 151.51 crore for the quarter ended March 31, 2026 as compared to Rs 220.02 crore in the same period last year, registering a year-on-year decline of 31.14 per cent.

Net revenue of the company rose moderately by 6.67 per cent at Rs 1,603.99 crore in January-March quarter of this fiscal as against Rs 1,503.68 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 15.88 per cent to Rs 1,319.20 crore from Rs 1,138.44 crore in year ago period.

Other Income grew by 29.94 per cent at Rs 12.24 crore versus (Mar'25 Rs 9.42 crore).

Operating Profit slipped by 22.03 per cent to Rs 284.79 crore as against Rs 365.25 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 26.92 per cent in March quarter.

Interest declined by 16.06 per cent y-o-y to Rs 25.56 crore, while Taxation decreased by 7.17 per cent at Rs 75.25 crore (Mar'25 Rs 81.06 crore).