The company reported standalone net profit of Rs 27.46 crore for the quarter ended March 31, 2026 as compared to Rs 61.07 crore in the same period last year, registering a year-on-year decline of 55.04 per cent.

Net revenue of the company rose moderately by 14.16 per cent at Rs 655.10 crore in January-March quarter of this fiscal as against Rs 573.86 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 12.59 per cent to Rs 516.73 crore from Rs 458.96 crore in year ago period.

Other Income grew by 15.43 per cent at Rs 40.55 crore versus (Mar'25 Rs 35.13 crore).

Operating Profit surged by 20.43 per cent to Rs 138.37 crore as against Rs 114.90 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 5.49 per cent in March quarter.

Interest declined by 9.76 per cent y-o-y to Rs 20.98 crore, while Taxation increased by 892.16 per cent at Rs 15.18 crore (Mar'25 Rs 1.53 crore).