The company reported standalone net profit of Rs 45.53 crore for the quarter ended March 31, 2026 as compared to Rs 1766.47 crore in the same period last year, registering a year-on-year decline of 97.42 per cent.

Net revenue of the company declined substantially by 81.40 per cent at Rs 268.20 crore in January-March quarter of this fiscal as against Rs 1,442.07 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 57.24 per cent to Rs 77.94 crore from Rs 182.28 crore in year ago period.

Other Income dipped by 14.88 per cent at Rs 9.78 crore versus (Mar'25 Rs 11.49 crore).

Operating Profit slipped by 84.90 per cent to Rs 190.26 crore as against Rs 1,259.79 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.80 per cent in March quarter.

Interest grew by 265.53 per cent y-o-y to Rs 61.08 crore, while Taxation increased by 116.88 per cent at Rs 86.79 crore (Mar'25 Rs -514.23 crore).