India, April 26 -- The company reported standalone net profit of Rs 12.79 crore for the quarter ended March 31, 2024 as compared to Rs 13.68 crore in the same period last year, registering a year-on-year decline of 6.51 per cent.

Net revenue of the company rose moderately by 16.63 per cent at Rs 80.72 crore in January-March quarter of this fiscal as against Rs 69.21 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 16.55 per cent to Rs 56.28 crore from Rs 48.29 crore in year ago period.

Other Income grew by 303.28 per cent at Rs 2.46 crore versus (Mar'23 Rs 0.61 crore).

Operating Profit surged by 16.83 per cent to Rs 24.44 crore as against Rs 20.92 crore in the year ago period, wh...