India, April 26 -- The company reported standalone net profit of Rs 209.46 crore for the quarter ended March 31, 2024 as compared to Rs 261.53 crore in the same period last year, registering a year-on-year decline of 19.91 per cent.

Net revenue of the company declined substantially by 28.71 per cent at Rs 3,899.84 crore in January-March quarter of this fiscal as against Rs 5,470.66 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 28.41 per cent to Rs 3,631.05 crore from Rs 5,071.68 crore in year ago period.

Other Income grew by 161.98 per cent at Rs 127.14 crore versus (Mar'23 Rs 48.53 crore).

Operating Profit slipped by 32.63 per cent to Rs 268.79 crore as against Rs 398.98 crore ...