The company reported standalone net profit of Rs 121.57 crore for the quarter ended March 31, 2026 as compared to Rs 174.59 crore in the same period last year, registering a year-on-year decline of 30.37 per cent.

Net revenue of the company rose by 5.63 per cent at Rs 473.88 crore in January-March quarter of this fiscal as against Rs 448.63 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 15.55 per cent to Rs 438.20 crore from Rs 379.23 crore in year ago period.

Other Income dipped by 23.00 per cent at Rs 118.74 crore versus (Mar'25 Rs 154.21 crore).

Operating Profit slipped by 48.59 per cent to Rs 35.68 crore as against Rs 69.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.33 per cent in March quarter.

Interest declined by 33.56 per cent y-o-y to Rs 5.90 crore, while Taxation decreased by 77.70 per cent at Rs 4.06 crore (Mar'25 Rs 18.21 crore).