The company reported standalone net profit of Rs 199.82 crore for the quarter ended March 31, 2026 as compared to Rs 330.94 crore in the same period last year, registering a year-on-year decline of 39.62 per cent.

Net revenue of the company rose moderately by 6.31 per cent at Rs 629.23 crore in January-March quarter of this fiscal as against Rs 591.91 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 7.92 per cent to Rs 393.28 crore from Rs 364.41 crore in year ago period.

Other Income dipped by 8.66 per cent at Rs 40.72 crore versus (Mar'25 Rs 44.58 crore).

Operating Profit surged by 3.71 per cent to Rs 235.95 crore as against Rs 227.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.42 per cent in March quarter.

Interest declined by 21.56 per cent y-o-y to Rs 2.11 crore, while Taxation decreased by 27.26 per cent at Rs 69.00 crore (Mar'25 Rs 94.86 crore).