The company reported standalone net profit of Rs 102.64 crore for the quarter ended March 31, 2026 as compared to Rs 156.13 crore in the same period last year, registering a year-on-year decline of 34.26 per cent.

Net revenue of the company rose moderately by 18.78 per cent at Rs 316.40 crore in January-March quarter of this fiscal as against Rs 266.38 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 30.46 per cent to Rs 209.64 crore from Rs 301.48 crore in year ago period.

Other Income grew by 87.21 per cent at Rs 19.47 crore versus (Mar'25 Rs 10.40 crore).

Operating Profit surged by 404.16 per cent to Rs 106.76 crore as against Rs -35.10 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 355.99 per cent in March quarter.

Interest grew by 166.46 per cent y-o-y to Rs 4.37 crore, while Taxation decreased by 93.41 per cent at Rs 2.15 crore (Mar'25 Rs 32.63 crore).