India, April 25 -- The company reported standalone net profit of Rs 3.14 crore for the quarter ended March 31, 2024 as compared to Rs 13.85 crore in the same period last year, registering a year-on-year decline of 77.33 per cent.

Net revenue of the company rose substantially by 24.72 per cent at Rs 112.85 crore in January-March quarter of this fiscal as against Rs 90.48 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 47.09 per cent to Rs 95.77 crore from Rs 65.11 crore in year ago period.

Operating Profit slipped by 32.69 per cent to Rs 17.07 crore as against Rs 25.36 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 46.02 per cent in Ma...