The company reported standalone net profit of Rs 29.90 crore for the quarter ended March 31, 2026 as compared to Rs 117.35 crore in the same period last year, registering a year-on-year decline of 74.52 per cent.

Net revenue of the company rose substantially by 23.62 per cent at Rs 176.89 crore in January-March quarter of this fiscal as against Rs 143.09 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 22.47 per cent to Rs 144.02 crore from Rs 117.60 crore in year ago period.

Other Income grew by 144.27 per cent at Rs 12.36 crore versus (Mar'25 Rs 5.06 crore).

Operating Profit surged by 28.95 per cent to Rs 32.87 crore as against Rs 25.49 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.32 per cent in March quarter.

Interest grew by 116.67 per cent y-o-y to Rs 0.39 crore, while Taxation decreased by 41.31 per cent at Rs 10.30 crore (Mar'25 Rs 17.55 crore).