India, May 29 -- The company reported standalone net profit of Rs 62.05 crore for the quarter ended March 31, 2020 as compared to Rs 50.27 crore in the same period last year, registering a year-on-year growth of 23.43 per cent.

Net revenue of the company declined substantially by 25.97 per cent at Rs 301.28 crore in January-March quarter of this fiscal as against Rs 406.96 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 22.73 per cent to Rs 287.14 crore from Rs 371.59 crore in year ago period.

Other Income grew by 92.01 per cent at Rs 93.49 crore versus (Mar'19 Rs 48.69 crore).

Operating Profit slipped by 60.02 per cent to Rs 14.14 crore as against Rs 35.37 crore in the year ago p...