The company reported standalone net profit of Rs 20.71 crore for the quarter ended September 30, 2026 as compared to Rs 103.77 crore in the same period last year, registering a year-on-year decline of 80.04 per cent.

Net revenue of the company declined substantially by 38.67 per cent at Rs 909.68 crore in July-September quarter of this fiscal as against Rs 1,483.37 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 35.93 per cent to Rs 868.45 crore from Rs 1,355.38 crore in year ago period.

Other Income dipped by 15.06 per cent at Rs 58.25 crore versus (Sep'25 Rs 68.58 crore).

Operating Profit slipped by 67.79 per cent to Rs 41.22 crore as against Rs 127.99 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 47.51 per cent in September quarter.

Interest grew by 26.81 per cent y-o-y to Rs 39.64 crore, while Taxation decreased by 77.30 per cent at Rs 8.24 crore (Sep'25 Rs 36.30 crore).