The company reported standalone net profit of Rs 41.58 crore for the quarter ended March 31, 2026 as compared to Rs 35.16 crore in the same period last year, registering a year-on-year growth of 18.26 per cent.

Net revenue of the company declined substantially by 42.84 per cent at Rs 282.29 crore in January-March quarter of this fiscal as against Rs 493.87 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 36.79 per cent to Rs 278.64 crore from Rs 440.84 crore in year ago period.

Other Income grew by 25.66 per cent at Rs 26.98 crore versus (Mar'25 Rs 21.47 crore).

Operating Profit slipped by 93.10 per cent to Rs 3.66 crore as against Rs 53.02 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 87.99 per cent in March quarter.

Interest declined by 88.75 per cent y-o-y to Rs 0.37 crore, while Taxation decreased by 235.42 per cent at Rs -26.65 crore (Mar'25 Rs 19.68 crore).