India, June 1 -- The company reported standalone net profit of Rs 50.73 crore for the quarter ended March 31, 2020 as compared to Rs 35.83 crore in the same period last year, registering a year-on-year growth of 41.59 per cent.

Net revenue of the company declined marginally by 2.50 per cent at Rs 398.47 crore in January-March quarter of this fiscal as against Rs 408.70 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 7.42 per cent to Rs 331.41 crore from Rs 357.98 crore in year ago period.

Other Income grew by 62.31 per cent at Rs 20.97 crore versus (Mar'19 Rs 12.92 crore).

Operating Profit surged by 32.22 per cent to Rs 67.06 crore as against Rs 50.72 crore in the year ago period,...