The company reported standalone net profit of Rs 16.63 crore for the quarter ended December 31, 2025 as compared to Rs 55.72 crore in the same period last year, registering a year-on-year decline of 70.15 per cent.

Net revenue of the company declined by 5.74 per cent at Rs 696.95 crore in October-December quarter of this fiscal as against Rs 739.37 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 3.88 per cent to Rs 641.95 crore from Rs 667.87 crore in year ago period.

Other Income dipped by 17.77 per cent at Rs 13.51 crore versus (Dec'24 Rs 16.43 crore).

Operating Profit slipped by 23.08 per cent to Rs 55.00 crore as against Rs 71.50 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 18.41 per cent in December quarter.

Interest grew by 78.95 per cent y-o-y to Rs 1.36 crore, while Taxation decreased by 69.15 per cent at Rs 6.00 crore (Dec'24 Rs 19.45 crore).