The company reported standalone net profit of Rs 11.28 crore for the quarter ended March 31, 2026 as compared to Rs 28.29 crore in the same period last year, registering a year-on-year decline of 60.13 per cent.

Net revenue of the company declined marginally by 2.35 per cent at Rs 1,003.15 crore in January-March quarter of this fiscal as against Rs 1,027.33 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 3.47 per cent to Rs 837.30 crore from Rs 867.40 crore in year ago period.

Other Income grew by 1.91 per cent at Rs 2.13 crore versus (Mar'25 Rs 2.09 crore).

Operating Profit surged by 3.70 per cent to Rs 165.85 crore as against Rs 159.93 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.17 per cent in March quarter.

Interest grew by 0.09 per cent y-o-y to Rs 75.76 crore, while Taxation increased by 194.15 per cent at Rs 37.24 crore (Mar'25 Rs 12.66 crore).