India, May 20 -- The company reported standalone net profit during the quarter stood at Rs 1.18 crore compared to net loss of Rs 51.11 crore in the previous year quarter.

Net revenue of the company declined substantially by 32.38 per cent at Rs 200.72 crore in January-March quarter of this fiscal as against Rs 296.83 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 41.32 per cent to Rs 201.16 crore from Rs 342.83 crore in year ago period.

Other Income grew by 466.18 per cent at Rs 3.85 crore versus (Mar'24 Rs 0.68 crore).

Operating Profit slipped by 99.04 per cent to Rs -0.44 crore as against Rs -46.00 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-...