India, May 28 -- The company reported standalone net profit of Rs 31.31 crore for the quarter ended March 31, 2026 as compared to Rs 174.18 crore in the same period last year, registering a year-on-year decline of 82.02 per cent.

Net revenue of the company rose moderately by 12.46 per cent at Rs 102.91 crore in January-March quarter of this fiscal as against Rs 91.51 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 27.48 per cent to Rs 79.42 crore from Rs 62.30 crore in year ago period.

Other Income dipped by 72.22 per cent at Rs 0.55 crore versus (Mar'25 Rs 1.98 crore).

Operating Profit slipped by 19.58 per cent to Rs 23.49 crore as against Rs 29.21 crore in the year ago period,...