India, May 2 -- The company reported standalone net profit of Rs 16.59 crore for the quarter ended March 31, 2024 as compared to Rs 6.94 crore in the same period last year, registering a year-on-year growth of 139.05 per cent.

Net revenue of the company rose moderately by 12.02 per cent at Rs 103.99 crore in January-March quarter of this fiscal as against Rs 92.83 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 12.26 per cent to Rs 95.11 crore from Rs 84.72 crore in year ago period.

Other Income grew by 20.27 per cent at Rs 5.34 crore versus (Mar'23 Rs 4.44 crore).

Operating Profit surged by 9.49 per cent to Rs 8.88 crore as against Rs 8.11 crore in the year ago period, while Op...