The company reported standalone net profit of Rs 58.12 crore for the quarter ended March 31, 2026 as compared to Rs 78.61 crore in the same period last year, registering a year-on-year decline of 26.07 per cent.

Net revenue of the company declined moderately by 19.67 per cent at Rs 197.13 crore in January-March quarter of this fiscal as against Rs 245.39 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 22.61 per cent to Rs 109.02 crore from Rs 140.88 crore in year ago period.

Other Income dipped by 98.62 per cent at Rs 0.16 crore versus (Mar'25 Rs 11.58 crore).

Operating Profit slipped by 15.69 per cent to Rs 88.11 crore as against Rs 104.51 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.95 per cent in March quarter.

Interest declined by 57.14 per cent y-o-y to Rs 0.03 crore, while Taxation decreased by 27.20 per cent at Rs 19.27 crore (Mar'25 Rs 26.47 crore).