The company reported standalone net profit of Rs 85.20 crore for the quarter ended March 31, 2026 as compared to Rs 117.90 crore in the same period last year, registering a year-on-year decline of 27.74 per cent.

Net revenue of the company rose marginally by 3.79 per cent at Rs 614.33 crore in January-March quarter of this fiscal as against Rs 591.88 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 15.55 per cent to Rs 441.43 crore from Rs 382.02 crore in year ago period.

Other Income dipped by 54.24 per cent at Rs 5.93 crore versus (Mar'25 Rs 12.96 crore).

Operating Profit slipped by 17.61 per cent to Rs 172.90 crore as against Rs 209.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.64 per cent in March quarter.

Interest declined by 59.39 per cent y-o-y to Rs 2.66 crore, while Taxation decreased by 29.55 per cent at Rs 30.20 crore (Mar'25 Rs 42.87 crore).