India, May 21 -- The company reported standalone net profit of Rs 22.52 crore for the quarter ended March 31, 2026 as compared to Rs 28.48 crore in the same period last year, registering a year-on-year decline of 20.93 per cent.

Net revenue of the company rose marginally by 1.27 per cent at Rs 723.33 crore in January-March quarter of this fiscal as against Rs 714.27 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 2.32 per cent to Rs 670.16 crore from Rs 654.99 crore in year ago period.

Other Income dipped by 46.19 per cent at Rs 2.61 crore versus (Mar'25 Rs 4.85 crore).

Operating Profit slipped by 10.31 per cent to Rs 53.17 crore as against Rs 59.28 crore in the year ago period,...