The company reported standalone net profit of Rs 21.57 crore for the quarter ended September 30, 2026 as compared to Rs 75.77 crore in the same period last year, registering a year-on-year decline of 71.53 per cent.

Net revenue of the company declined substantially by 28.25 per cent at Rs 348.14 crore in July-September quarter of this fiscal as against Rs 485.24 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 18.16 per cent to Rs 311.57 crore from Rs 380.72 crore in year ago period.

Other Income grew by 15.00 per cent at Rs 3.22 crore versus (Sep'25 Rs 2.80 crore).

Operating Profit slipped by 65.01 per cent to Rs 36.57 crore as against Rs 104.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 51.25 per cent in September quarter.

Interest grew by 138.10 per cent y-o-y to Rs 8.00 crore, while Taxation decreased by 72.62 per cent at Rs 7.03 crore (Sep'25 Rs 25.68 crore).