India, May 15 -- The company reported standalone net profit of Rs 97.22 crore for the quarter ended March 31, 2024 as compared to Rs 125.29 crore in the same period last year, registering a year-on-year decline of 22.40 per cent.

Net revenue of the company declined moderately by 7.27 per cent at Rs 940.19 crore in January-March quarter of this fiscal as against Rs 1,013.88 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 5.73 per cent to Rs 750.91 crore from Rs 796.58 crore in year ago period.

Other Income grew by 33.98 per cent at Rs 3.43 crore versus (Mar'23 Rs 2.56 crore).

Operating Profit slipped by 12.89 per cent to Rs 189.28 crore as against Rs 217.30 crore in the year ago pe...