The company reported standalone net profit of Rs 45.65 crore for the quarter ended March 31, 2026 as compared to Rs 49.38 crore in the same period last year, registering a year-on-year decline of 7.55 per cent.

Net revenue of the company declined substantially by 20.67 per cent at Rs 490.67 crore in January-March quarter of this fiscal as against Rs 618.50 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 21.73 per cent to Rs 405.69 crore from Rs 518.32 crore in year ago period.

Other Income grew by 179.85 per cent at Rs 7.36 crore versus (Mar'25 Rs 2.63 crore).

Operating Profit slipped by 15.17 per cent to Rs 84.98 crore as against Rs 100.18 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 6.91 per cent in March quarter.

Interest grew by 18.68 per cent y-o-y to Rs 14.17 crore, while Taxation decreased by 36.20 per cent at Rs 14.15 crore (Mar'25 Rs 22.18 crore).