The company reported standalone net profit of Rs 0.01 crore for the quarter ended March 31, 2026 as compared to Rs 60.84 crore in the same period last year, registering a year-on-year decline of 99.98 per cent.

Net revenue of the company rose substantially by 20.66 per cent at Rs 332.72 crore in January-March quarter of this fiscal as against Rs 275.76 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 24.07 per cent to Rs 337.50 crore from Rs 272.02 crore in year ago period.

Other Income grew by 951.02 per cent at Rs 15.45 crore versus (Mar'25 Rs 1.47 crore).

Operating Profit slipped by 116.85 per cent to Rs -1.07 crore as against Rs 6.35 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 113.91 per cent in March quarter.

Interest grew by 35.94 per cent y-o-y to Rs 7.30 crore, while Taxation decreased by 98.57 per cent at Rs -0.25 crore (Mar'25 Rs -17.48 crore).