India, May 3 -- The company reported standalone net profit during the quarter stood at Rs 19.75 crore compared to net loss of Rs 42.61 crore in the previous year quarter.

Net revenue of the company declined substantially by 21.61 per cent at Rs 312.15 crore in January-March quarter of this fiscal as against Rs 398.22 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 23.29 per cent to Rs 278.54 crore from Rs 363.10 crore in year ago period.

Other Income grew by 27.06 per cent at Rs 1.08 crore versus (Mar'23 Rs 0.85 crore).

Operating Profit slipped by 4.27 per cent to Rs 33.62 crore as against Rs 35.12 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-...