The company reported standalone net profit of Rs 187.82 crore for the quarter ended March 31, 2026 as compared to Rs 276.96 crore in the same period last year, registering a year-on-year decline of 32.19 per cent.

Net revenue of the company rose moderately by 11.69 per cent at Rs 826.88 crore in January-March quarter of this fiscal as against Rs 740.33 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 44.67 per cent to Rs 588.89 crore from Rs 407.07 crore in year ago period.

Other Income dipped by 29.62 per cent at Rs 26.64 crore versus (Mar'25 Rs 37.85 crore).

Operating Profit slipped by 28.59 per cent to Rs 237.99 crore as against Rs 333.26 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 36.07 per cent in March quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.02 crore, while Taxation decreased by 21.52 per cent at Rs 67.30 crore (Mar'25 Rs 85.75 crore).