The company reported standalone net profit of Rs 1.37 crore for the quarter ended March 31, 2026 as compared to Rs 29.39 crore in the same period last year, registering a year-on-year decline of 95.34 per cent.

Net revenue of the company rose moderately by 6.52 per cent at Rs 398.93 crore in January-March quarter of this fiscal as against Rs 374.51 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 12.99 per cent to Rs 368.97 crore from Rs 326.55 crore in year ago period.

Other Income grew by 17.69 per cent at Rs 4.59 crore versus (Mar'25 Rs 3.90 crore).

Operating Profit slipped by 37.52 per cent to Rs 29.96 crore as against Rs 47.95 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 41.33 per cent in March quarter.

Interest grew by 275.42 per cent y-o-y to Rs 8.86 crore, while Taxation decreased by 200.00 per cent at Rs -0.32 crore (Mar'25 Rs 0.32 crore).