India, June 5 -- The company reported standalone net profit of Rs 29.06 crore for the quarter ended March 31, 2020 as compared to Rs 28.63 crore in the same period last year, registering a year-on-year growth of 1.50 per cent.

Net revenue of the company declined moderately by 9.35 per cent at Rs 473.52 crore in January-March quarter of this fiscal as against Rs 522.35 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 13.46 per cent to Rs 405.87 crore from Rs 468.97 crore in year ago period.

Other Income grew by 43.50 per cent at Rs 6.07 crore versus (Mar'19 Rs 4.23 crore).

Operating Profit surged by 26.73 per cent to Rs 67.65 crore as against Rs 53.38 crore in the year ago period, w...