The company reported standalone net profit of Rs 7.93 crore for the quarter ended March 31, 2026 as compared to Rs 21.38 crore in the same period last year, registering a year-on-year decline of 62.91 per cent.
Net revenue of the company rose marginally by 4.63 per cent at Rs 1,125.31 crore in January-March quarter of this fiscal as against Rs 1,075.47 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 5.58 per cent to Rs 1,015.42 crore from Rs 961.72 crore in year ago period.
Other Income dipped by 24.72 per cent at Rs 18.39 crore versus (Mar'25 Rs 24.43 crore).
Operating Profit slipped by 3.39 per cent to Rs 109.89 crore as against Rs 113.75 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.66 per cent in March quarter.
Interest declined by 15.01 per cent y-o-y to Rs 15.46 crore, while Taxation decreased by 71.53 per cent at Rs 0.39 crore (Mar'25 Rs 1.37 crore).