India, May 3 -- The company reported standalone net profit of Rs 36.14 crore for the quarter ended March 31, 2024 as compared to Rs 53.17 crore in the same period last year, registering a year-on-year decline of 32.03 per cent.

Net revenue of the company declined moderately by 19.66 per cent at Rs 559.53 crore in January-March quarter of this fiscal as against Rs 696.41 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 19.32 per cent to Rs 490.47 crore from Rs 607.89 crore in year ago period.

Other Income grew by 19.35 per cent at Rs 1.11 crore versus (Mar'23 Rs 0.93 crore).

Operating Profit slipped by 21.98 per cent to Rs 69.06 crore as against Rs 88.52 crore in the year ago period...