The company reported standalone net profit of Rs 492.75 crore for the quarter ended March 31, 2026 as compared to Rs 501.79 crore in the same period last year, registering a year-on-year decline of 1.80 per cent.
Net revenue of the company rose moderately by 14.89 per cent at Rs 2,174.97 crore in January-March quarter of this fiscal as against Rs 1,893.08 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 81.02 per cent to Rs 308.27 crore from Rs 170.30 crore in year ago period.
Other Income dipped by 43.95 per cent at Rs 5.93 crore versus (Mar'25 Rs 10.58 crore).
Operating Profit surged by 7.66 per cent to Rs 1,866.70 crore as against Rs 1,733.85 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.29 per cent in March quarter.
Interest grew by 12.43 per cent y-o-y to Rs 1,240.86 crore, while Taxation decreased by 1.31 per cent at Rs 126.51 crore (Mar'25 Rs 128.19 crore).