The company reported standalone net profit of Rs 26.52 crore for the quarter ended March 31, 2026 as compared to Rs 42.30 crore in the same period last year, registering a year-on-year decline of 37.30 per cent.
Net revenue of the company rose triple digit by 112.95 per cent at Rs 2,339.09 crore in January-March quarter of this fiscal as against Rs 1,098.43 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 124.20 per cent to Rs 2,312.66 crore from Rs 1,031.52 crore in year ago period.
Other Income grew by 24.63 per cent at Rs 14.37 crore versus (Mar'25 Rs 11.53 crore).
Operating Profit slipped by 60.50 per cent to Rs 26.43 crore as against Rs 66.91 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 81.44 per cent in March quarter.
Interest declined by 36.05 per cent y-o-y to Rs 1.49 crore, while Taxation decreased by 67.13 per cent at Rs 6.68 crore (Mar'25 Rs 20.32 crore).