The company reported standalone net profit of Rs 21.36 crore for the quarter ended March 31, 2026 as compared to Rs 272.54 crore in the same period last year, registering a year-on-year decline of 92.16 per cent.

Net revenue of the company rose substantially by 29.15 per cent at Rs 265.11 crore in January-March quarter of this fiscal as against Rs 205.27 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 150.24 per cent to Rs 149.47 crore from Rs -297.53 crore in year ago period.

Other Income dipped by 97.71 per cent at Rs 0.40 crore versus (Mar'25 Rs 17.43 crore).

Operating Profit slipped by 77.00 per cent to Rs 115.64 crore as against Rs 502.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 82.19 per cent in March quarter.

Interest declined by 24.43 per cent y-o-y to Rs 101.98 crore, while Taxation decreased by 112.72 per cent at Rs -13.57 crore (Mar'25 Rs 106.67 crore).