India, May 3 -- The company reported standalone net profit of Rs 13.31 crore for the quarter ended March 31, 2024 as compared to Rs 14.78 crore in the same period last year, registering a year-on-year decline of 9.95 per cent.

Net revenue of the company rose moderately by 15.32 per cent at Rs 181.74 crore in January-March quarter of this fiscal as against Rs 157.59 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 18.47 per cent to Rs 127.84 crore from Rs 107.91 crore in year ago period.

Other Income grew by 122.22 per cent at Rs 5.80 crore versus (Mar'23 Rs 2.61 crore).

Operating Profit surged by 8.52 per cent to Rs 53.90 crore as against Rs 49.67 crore in the year ago period, wh...