The company reported standalone net profit of Rs 96.54 crore for the quarter ended March 31, 2026 as compared to Rs 149.80 crore in the same period last year, registering a year-on-year decline of 35.55 per cent.
Net revenue of the company declined moderately by 7.20 per cent at Rs 836.43 crore in January-March quarter of this fiscal as against Rs 901.34 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 4.31 per cent to Rs 641.50 crore from Rs 670.36 crore in year ago period.
Other Income dipped by 24.32 per cent at Rs 10.24 crore versus (Mar'25 Rs 13.53 crore).
Operating Profit slipped by 15.61 per cent to Rs 194.93 crore as against Rs 230.98 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 9.09 per cent in March quarter.
Interest grew by 43.01 per cent y-o-y to Rs 1.33 crore, while Taxation decreased by 36.07 per cent at Rs 31.56 crore (Mar'25 Rs 49.37 crore).