The company reported standalone net profit of Rs 40.87 crore for the quarter ended March 31, 2026 as compared to Rs 56.07 crore in the same period last year, registering a year-on-year decline of 27.11 per cent.

Net revenue of the company rose marginally by 3.52 per cent at Rs 965.35 crore in January-March quarter of this fiscal as against Rs 932.57 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 6.75 per cent to Rs 897.63 crore from Rs 840.87 crore in year ago period.

Other Income dipped by 82.68 per cent at Rs 0.62 crore versus (Mar'25 Rs 3.58 crore).

Operating Profit slipped by 26.15 per cent to Rs 67.72 crore as against Rs 91.70 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 28.59 per cent in March quarter.

Interest grew by 91.95 per cent y-o-y to Rs 2.86 crore, while Taxation decreased by 23.74 per cent at Rs 15.42 crore (Mar'25 Rs 20.22 crore).