India, May 24 -- The company reported standalone net profit of Rs 16.75 crore for the quarter ended March 31, 2024 as compared to Rs 34.02 crore in the same period last year, registering a year-on-year decline of 50.76 per cent.
Net revenue of the company declined marginally by 3.32 per cent at Rs 371.02 crore in January-March quarter of this fiscal as against Rs 383.76 crore in the corresponding period last year.
During January-March quarter, operating expenses increased by 3.29 per cent to Rs 335.14 crore from Rs 324.47 crore in year ago period.
Other Income grew by 25.00 per cent at Rs 0.50 crore versus (Mar'23 Rs 0.40 crore).
Operating Profit slipped by 39.47 per cent to Rs 35.88 crore as against Rs 59.28 crore in the year ago perio...