The company reported standalone net profit of Rs 97.01 crore for the quarter ended March 31, 2026 as compared to Rs 125.48 crore in the same period last year, registering a year-on-year decline of 22.69 per cent.

Net revenue of the company declined moderately by 8.01 per cent at Rs 655.62 crore in January-March quarter of this fiscal as against Rs 712.74 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 5.15 per cent to Rs 511.32 crore from Rs 539.06 crore in year ago period.

Other Income dipped by 6.87 per cent at Rs 15.04 crore versus (Mar'25 Rs 16.15 crore).

Operating Profit slipped by 16.92 per cent to Rs 144.30 crore as against Rs 173.68 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.68 per cent in March quarter.

Interest grew by 37.21 per cent y-o-y to Rs 5.90 crore, while Taxation decreased by 24.68 per cent at Rs 32.71 crore (Mar'25 Rs 43.43 crore).