The company reported standalone net profit of Rs 26.92 crore for the quarter ended March 31, 2026 as compared to Rs 36.16 crore in the same period last year, registering a year-on-year decline of 25.55 per cent.
Net revenue of the company declined marginally by 1.54 per cent at Rs 264.53 crore in January-March quarter of this fiscal as against Rs 268.68 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 4.12 per cent to Rs 234.57 crore from Rs 225.28 crore in year ago period.
Other Income dipped by 14.92 per cent at Rs 9.58 crore versus (Mar'25 Rs 11.26 crore).
Operating Profit slipped by 30.97 per cent to Rs 29.96 crore as against Rs 43.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 29.85 per cent in March quarter.
Interest declined by 84.38 per cent y-o-y to Rs 0.05 crore, while Taxation decreased by 34.51 per cent at Rs 8.18 crore (Mar'25 Rs 12.49 crore).