The company reported standalone net profit of Rs 2,598.64 crore for the quarter ended March 31, 2026 as compared to Rs 2682.14 crore in the same period last year, registering a year-on-year decline of 3.11 per cent.
Net revenue of the company rose moderately by 16.31 per cent at Rs 24,582.09 crore in January-March quarter of this fiscal as against Rs 21,134.68 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 18.75 per cent to Rs 19,623.63 crore from Rs 16,525.02 crore in year ago period.
Other Income dipped by 41.28 per cent at Rs 67.79 crore versus (Mar'25 Rs 115.45 crore).
Operating Profit surged by 7.57 per cent to Rs 4,958.46 crore as against Rs 4,609.66 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 7.52 per cent in March quarter.
Interest grew by 7.85 per cent y-o-y to Rs 430.94 crore, while Taxation increased by 40.95 per cent at Rs 919.53 crore (Mar'25 Rs 652.40 crore).