The company reported standalone net profit of Rs 20.04 crore for the quarter ended September 30, 2026 as compared to Rs 52.09 crore in the same period last year, registering a year-on-year decline of 61.53 per cent.
Net revenue of the company declined substantially by 27.81 per cent at Rs 377.13 crore in July-September quarter of this fiscal as against Rs 522.42 crore in the corresponding period last year.
During July-September quarter, operating expenses dropped by 26.72 per cent to Rs 325.82 crore from Rs 444.61 crore in year ago period.
Other Income grew by 19.12 per cent at Rs 1.62 crore versus (Sep'25 Rs 1.36 crore).
Operating Profit slipped by 34.05 per cent to Rs 51.31 crore as against Rs 77.80 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 8.60 per cent in September quarter.
Interest grew by 451.93 per cent y-o-y to Rs 18.60 crore, while Taxation decreased by 83.87 per cent at Rs 3.17 crore (Sep'25 Rs 19.65 crore).