India, May 30 -- The company reported standalone net profit during the quarter stood at Rs 9.35 crore compared to net loss of Rs 11.44 crore in the previous year quarter.

Net revenue of the company rose moderately by 16.10 per cent at Rs 51.92 crore in January-March quarter of this fiscal as against Rs 44.72 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 25.71 per cent to Rs 63.67 crore from Rs 50.65 crore in year ago period.

Other Income grew by 1229.54 per cent at Rs 31.51 crore versus (Mar'19 Rs 2.37 crore).

Operating Profit surged by 98.15 per cent to Rs -11.75 crore as against Rs -5.93 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-yea...