The company reported standalone net profit of Rs 17.36 crore for the quarter ended June 30, 2026 as compared to Rs 23.61 crore in the same period last year, registering a year-on-year decline of 26.47 per cent.
Net revenue of the company declined moderately by 6.89 per cent at Rs 429.18 crore in April-June quarter of this fiscal as against Rs 460.96 crore in the corresponding period last year.
During April-June quarter, operating expenses dropped by 5.98 per cent to Rs 379.26 crore from Rs 403.38 crore in year ago period.
Other Income grew by 48.55 per cent at Rs 2.05 crore versus (Jun'25 Rs 1.38 crore).
Operating Profit slipped by 13.30 per cent to Rs 49.92 crore as against Rs 57.58 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 6.89 per cent in June quarter.
Interest grew by 7.96 per cent y-o-y to Rs 13.42 crore, while Taxation decreased by 32.44 per cent at Rs 5.81 crore (Jun'25 Rs 8.60 crore).