India, May 2 -- The company reported standalone net profit of Rs 10.13 crore for the quarter ended March 31, 2024 as compared to Rs 26.81 crore in the same period last year, registering a year-on-year decline of 62.22 per cent.

Net revenue of the company rose substantially by 38.17 per cent at Rs 1,331.83 crore in January-March quarter of this fiscal as against Rs 963.88 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 43.58 per cent to Rs 1,266.34 crore from Rs 881.96 crore in year ago period.

Other Income dipped by 32.25 per cent at Rs 7.90 crore versus (Mar'23 Rs 11.66 crore).

Operating Profit slipped by 20.06 per cent to Rs 65.49 crore as against Rs 81.92 crore in the year ag...