India, May 25 -- The company reported standalone net profit of Rs 9.89 crore for the quarter ended March 31, 2026 as compared to Rs 20.64 crore in the same period last year, registering a year-on-year decline of 52.08 per cent.

Net revenue of the company rose moderately by 18.50 per cent at Rs 569.68 crore in January-March quarter of this fiscal as against Rs 480.76 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 24.16 per cent to Rs 545.30 crore from Rs 439.18 crore in year ago period.

Other Income grew by 3.62 per cent at Rs 36.67 crore versus (Mar'25 Rs 35.39 crore).

Operating Profit slipped by 41.37 per cent to Rs 24.38 crore as against Rs 41.58 crore in the year ago period,...