India, May 28 -- The company reported standalone net profit of Rs 42.23 crore for the quarter ended March 31, 2026 as compared to Rs 58.99 crore in the same period last year, registering a year-on-year decline of 28.41 per cent.

Net revenue of the company declined marginally by 1.19 per cent at Rs 692.81 crore in January-March quarter of this fiscal as against Rs 701.12 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 5.74 per cent to Rs 658.44 crore from Rs 622.69 crore in year ago period.

Other Income grew by 104.35 per cent at Rs 31.49 crore versus (Mar'25 Rs 15.41 crore).

Operating Profit slipped by 56.18 per cent to Rs 34.37 crore as against Rs 78.43 crore in the year ago pe...