The company reported standalone net profit of Rs 32.23 crore for the quarter ended March 31, 2026 as compared to Rs 53.28 crore in the same period last year, registering a year-on-year decline of 39.51 per cent.

Net revenue of the company rose moderately by 7.29 per cent at Rs 262.87 crore in January-March quarter of this fiscal as against Rs 245.01 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 16.91 per cent to Rs 184.76 crore from Rs 158.03 crore in year ago period.

Other Income dipped by 52.69 per cent at Rs 8.80 crore versus (Mar'25 Rs 18.60 crore).

Operating Profit slipped by 10.20 per cent to Rs 78.11 crore as against Rs 86.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 16.31 per cent in March quarter.

Interest declined by 56.73 per cent y-o-y to Rs 1.51 crore, while Taxation decreased by 36.89 per cent at Rs 11.48 crore (Mar'25 Rs 18.19 crore).