India, April 24 -- The company reported standalone net profit of Rs 26.03 crore for the quarter ended March 31, 2024 as compared to Rs 35.49 crore in the same period last year, registering a year-on-year decline of 26.66 per cent.

Net revenue of the company declined moderately by 10.26 per cent at Rs 593.65 crore in January-March quarter of this fiscal as against Rs 661.53 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 6.75 per cent to Rs 569.07 crore from Rs 610.25 crore in year ago period.

Other Income grew by 32.48 per cent at Rs 8.32 crore versus (Mar'23 Rs 6.28 crore).

Operating Profit slipped by 19.95 per cent to Rs 41.05 crore as against Rs 51.28 crore in the year ago peri...