The company reported standalone net profit of Rs 48.20 crore for the quarter ended September 30, 2025 as compared to Rs 90.34 crore in the same period last year, registering a year-on-year decline of 46.65 per cent.

Net revenue of the company declined substantially by 27.05 per cent at Rs 1,094.62 crore in July-September quarter of this fiscal as against Rs 1,500.44 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 25.92 per cent to Rs 1,022.60 crore from Rs 1,380.32 crore in year ago period.

Other Income dipped by 46.59 per cent at Rs 8.84 crore versus (Sep'24 Rs 16.55 crore).

Operating Profit slipped by 38.08 per cent to Rs 77.55 crore as against Rs 125.24 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 15.21 per cent in September quarter.

Interest grew by 0.35 per cent y-o-y to Rs 2.86 crore, while Taxation decreased by 46.45 per cent at Rs 16.95 crore (Sep'24 Rs 31.65 crore).