India, May 16 -- The company reported standalone net profit of Rs 2.83 crore for the quarter ended March 31, 2024 as compared to Rs 0.56 crore in the same period last year, registering a year-on-year growth of 405.36 per cent.

Net revenue of the company rose substantially by 70.96 per cent at Rs 111.81 crore in January-March quarter of this fiscal as against Rs 65.40 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 67.14 per cent to Rs 103.51 crore from Rs 61.93 crore in year ago period.

Other Income dipped by 62.37 per cent at Rs 0.35 crore versus (Mar'23 Rs 0.93 crore).

Operating Profit surged by 138.90 per cent to Rs 8.29 crore as against Rs 3.47 crore in the year ago period, ...