The company reported standalone net profit of Rs 13.00 crore for the quarter ended March 31, 2026 as compared to Rs 83.00 crore in the same period last year, registering a year-on-year decline of 84.34 per cent.
Net revenue of the company declined marginally by 3.28 per cent at Rs 6,249.00 crore in January-March quarter of this fiscal as against Rs 6,461.00 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 1.14 per cent to Rs 6,080.00 crore from Rs 6,150.00 crore in year ago period.
Other Income grew by 15.64 per cent at Rs 355.00 crore versus (Mar'25 Rs 307.00 crore).
Operating Profit slipped by 45.66 per cent to Rs 169.00 crore as against Rs 311.00 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 43.87 per cent in March quarter.
Interest declined by 3.53 per cent y-o-y to Rs 355.00 crore, while Taxation decreased by 144.32 per cent at Rs -39.00 crore (Mar'25 Rs 88.00 crore).