India, April 25 -- The company reported standalone net profit of Rs 1.64 crore for the quarter ended March 31, 2024 as compared to Rs 4.96 crore in the same period last year, registering a year-on-year decline of 66.94 per cent.
Net revenue of the company declined moderately by 11.86 per cent at Rs 177.72 crore in January-March quarter of this fiscal as against Rs 201.64 crore in the corresponding period last year.
During January-March quarter, operating expenses dropped by 8.18 per cent to Rs 173.18 crore from Rs 188.61 crore in year ago period.
Other Income grew by 8.33 per cent at Rs 0.13 crore versus (Mar'23 Rs 0.12 crore).
Operating Profit slipped by 61.70 per cent to Rs 4.99 crore as against Rs 13.03 crore in the year ago period, ...