The company reported standalone net profit of Rs 62.03 crore for the quarter ended March 31, 2026 as compared to Rs 88.85 crore in the same period last year, registering a year-on-year decline of 30.19 per cent.
Net revenue of the company rose moderately by 9.46 per cent at Rs 579.70 crore in January-March quarter of this fiscal as against Rs 529.62 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 19.70 per cent to Rs 462.63 crore from Rs 386.50 crore in year ago period.
Other Income grew by 519.52 per cent at Rs 10.53 crore versus (Mar'25 Rs -2.51 crore).
Operating Profit slipped by 18.21 per cent to Rs 117.07 crore as against Rs 143.13 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 25.24 per cent in March quarter.
Interest grew by 168.04 per cent y-o-y to Rs 16.86 crore, while Taxation decreased by 16.67 per cent at Rs 20.55 crore (Mar'25 Rs 24.66 crore).