The company reported standalone net profit of Rs 44.96 crore for the quarter ended March 31, 2026 as compared to Rs 61.48 crore in the same period last year, registering a year-on-year decline of 26.87 per cent.

Net revenue of the company rose marginally by 1.40 per cent at Rs 631.68 crore in January-March quarter of this fiscal as against Rs 622.96 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 3.39 per cent to Rs 552.41 crore from Rs 534.31 crore in year ago period.

Other Income dipped by 51.46 per cent at Rs 0.83 crore versus (Mar'25 Rs 1.71 crore).

Operating Profit slipped by 10.58 per cent to Rs 79.27 crore as against Rs 88.65 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 11.81 per cent in March quarter.

Interest declined by 11.90 per cent y-o-y to Rs 6.59 crore, while Taxation increased by 47.99 per cent at Rs 13.60 crore (Mar'25 Rs 9.19 crore).