India, May 2 -- The company reported standalone net profit of Rs 1.96 crore for the quarter ended March 31, 2024 as compared to Rs 7.13 crore in the same period last year, registering a year-on-year decline of 72.51 per cent.

Net revenue of the company rose moderately by 11.43 per cent at Rs 40.16 crore in January-March quarter of this fiscal as against Rs 36.04 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 26.29 per cent to Rs 36.89 crore from Rs 29.21 crore in year ago period.

Other Income dipped by 3.66 per cent at Rs 0.79 crore versus (Mar'23 Rs 0.82 crore).

Operating Profit slipped by 52.12 per cent to Rs 3.27 crore as against Rs 6.83 crore in the year ago period, while O...