India, May 3 -- The company reported standalone net profit of Rs 122.24 crore for the quarter ended March 31, 2024 as compared to Rs 109.50 crore in the same period last year, registering a year-on-year growth of 11.63 per cent.

Net revenue of the company rose moderately by 13.55 per cent at Rs 288.33 crore in January-March quarter of this fiscal as against Rs 253.92 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 12.46 per cent to Rs 53.78 crore from Rs 47.82 crore in year ago period.

Other Income grew by 86.01 per cent at Rs 11.83 crore versus (Mar'23 Rs 6.36 crore).

Operating Profit surged by 13.80 per cent to Rs 234.54 crore as against Rs 206.10 crore in the year ago period,...