India, May 24 -- The company reported standalone net profit of Rs 11.35 crore for the quarter ended March 31, 2024 as compared to Rs 17.50 crore in the same period last year, registering a year-on-year decline of 35.14 per cent.

Net revenue of the company declined moderately by 11.82 per cent at Rs 403.40 crore in January-March quarter of this fiscal as against Rs 457.49 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 10.53 per cent to Rs 363.24 crore from Rs 405.98 crore in year ago period.

Other Income grew by 45.18 per cent at Rs 6.62 crore versus (Mar'23 Rs 4.56 crore).

Operating Profit slipped by 22.03 per cent to Rs 40.16 crore as against Rs 51.51 crore in the year ago perio...