India, May 3 -- The company reported standalone net profit of Rs 8.75 crore for the quarter ended March 31, 2024 as compared to Rs 5.63 crore in the same period last year, registering a year-on-year growth of 55.42 per cent.

Net revenue of the company declined marginally by 4.92 per cent at Rs 172.27 crore in January-March quarter of this fiscal as against Rs 181.18 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 7.25 per cent to Rs 159.47 crore from Rs 171.94 crore in year ago period.

Other Income grew by 120.75 per cent at Rs 1.17 crore versus (Mar'23 Rs 0.53 crore).

Operating Profit surged by 38.53 per cent to Rs 12.80 crore as against Rs 9.24 crore in the year ago period, whil...