The company reported standalone net profit of Rs 21.37 crore for the quarter ended March 31, 2026 as compared to Rs 75.48 crore in the same period last year, registering a year-on-year decline of 71.69 per cent.

Net revenue of the company rose moderately by 9.79 per cent at Rs 1,745.17 crore in January-March quarter of this fiscal as against Rs 1,589.53 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 13.48 per cent to Rs 1,653.01 crore from Rs 1,456.63 crore in year ago period.

Other Income dipped by 82.99 per cent at Rs 3.18 crore versus (Mar'25 Rs 18.70 crore).

Operating Profit slipped by 30.65 per cent to Rs 92.16 crore as against Rs 132.90 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 36.84 per cent in March quarter.

Interest grew by 3.45 per cent y-o-y to Rs 17.67 crore, while Taxation decreased by 35.88 per cent at Rs 21.07 crore (Mar'25 Rs 32.86 crore).