The company reported standalone net profit of Rs 19.57 crore for the quarter ended March 31, 2026 as compared to Rs 64.58 crore in the same period last year, registering a year-on-year decline of 69.70 per cent.

Net revenue of the company rose marginally by 3.67 per cent at Rs 813.91 crore in January-March quarter of this fiscal as against Rs 785.11 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 14.39 per cent to Rs 802.83 crore from Rs 701.83 crore in year ago period.

Other Income grew by 195.05 per cent at Rs 44.70 crore versus (Mar'25 Rs 15.15 crore).

Operating Profit slipped by 86.70 per cent to Rs 11.08 crore as against Rs 83.28 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 87.18 per cent in March quarter.

Interest grew by 298.02 per cent y-o-y to Rs 10.07 crore, while Taxation decreased by 62.44 per cent at Rs 7.76 crore (Mar'25 Rs 20.66 crore).