The company reported standalone net profit of Rs 17.39 crore for the quarter ended March 31, 2026 as compared to Rs 25.63 crore in the same period last year, registering a year-on-year decline of 32.15 per cent.
Net revenue of the company rose moderately by 17.82 per cent at Rs 591.78 crore in January-March quarter of this fiscal as against Rs 502.28 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 19.10 per cent to Rs 568.22 crore from Rs 477.09 crore in year ago period.
Other Income dipped by 36.21 per cent at Rs 11.59 crore versus (Mar'25 Rs 18.17 crore).
Operating Profit slipped by 6.47 per cent to Rs 23.56 crore as against Rs 25.19 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 20.72 per cent in March quarter.
Interest declined by 83.14 per cent y-o-y to Rs 0.71 crore, while Taxation increased by 160.00 per cent at Rs 5.98 crore (Mar'25 Rs 2.30 crore).