The company reported standalone net profit of Rs 37.94 crore for the quarter ended March 31, 2026 as compared to Rs 42.92 crore in the same period last year, registering a year-on-year decline of 11.60 per cent.

Net revenue of the company rose moderately by 10.55 per cent at Rs 237.31 crore in January-March quarter of this fiscal as against Rs 214.66 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 19.21 per cent to Rs 175.53 crore from Rs 147.24 crore in year ago period.

Other Income grew by 72.37 per cent at Rs 9.67 crore versus (Mar'25 Rs 5.61 crore).

Operating Profit slipped by 8.38 per cent to Rs 61.78 crore as against Rs 67.43 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 17.13 per cent in March quarter.

Interest grew by 85.14 per cent y-o-y to Rs 4.61 crore, while Taxation decreased by 19.25 per cent at Rs 10.61 crore (Mar'25 Rs 13.14 crore).