India, May 30 -- The company reported standalone net profit of Rs 20.40 crore for the quarter ended March 31, 2026 as compared to Rs 24.27 crore in the same period last year, registering a year-on-year decline of 15.95 per cent.

Net revenue of the company declined substantially by 27.62 per cent at Rs 284.59 crore in January-March quarter of this fiscal as against Rs 393.21 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 29.16 per cent to Rs 244.27 crore from Rs 344.82 crore in year ago period.

Other Income grew by 85.05 per cent at Rs 5.57 crore versus (Mar'25 Rs 3.01 crore).

Operating Profit slipped by 16.68 per cent to Rs 40.32 crore as against Rs 48.39 crore in the year ago pe...