India, May 2 -- The company reported standalone net profit of Rs 162.69 crore for the quarter ended March 31, 2024 as compared to Rs 117.21 crore in the same period last year, registering a year-on-year growth of 38.80 per cent.

Net revenue of the company rose moderately by 9.10 per cent at Rs 926.07 crore in January-March quarter of this fiscal as against Rs 848.86 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 0.77 per cent to Rs 698.92 crore from Rs 704.33 crore in year ago period.

Other Income dipped by 8.35 per cent at Rs 33.68 crore versus (Mar'23 Rs 36.75 crore).

Operating Profit surged by 57.16 per cent to Rs 227.15 crore as against Rs 144.53 crore in the year ago period,...