India, May 22 -- The company reported standalone net profit of Rs 107.53 crore for the quarter ended March 31, 2026 as compared to Rs 242.53 crore in the same period last year, registering a year-on-year decline of 55.66 per cent.

Net revenue of the company declined moderately by 9.60 per cent at Rs 1,279.91 crore in January-March quarter of this fiscal as against Rs 1,415.83 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 7.93 per cent to Rs 1,041.08 crore from Rs 1,130.78 crore in year ago period.

Other Income dipped by 219.32 per cent at Rs -47.99 crore versus (Mar'25 Rs 40.22 crore).

Operating Profit slipped by 16.21 per cent to Rs 238.83 crore as against Rs 285.05 crore in th...