India, May 2 -- The company reported standalone net profit of Rs 119.06 crore for the quarter ended March 31, 2024 as compared to Rs 132.00 crore in the same period last year, registering a year-on-year decline of 9.80 per cent.

Net revenue of the company rose marginally by 4.07 per cent at Rs 2,979.22 crore in January-March quarter of this fiscal as against Rs 2,862.74 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 3.70 per cent to Rs 2,584.42 crore from Rs 2,492.16 crore in year ago period.

Other Income grew by 32.29 per cent at Rs 2.95 crore versus (Mar'23 Rs 2.23 crore).

Operating Profit surged by 6.54 per cent to Rs 394.80 crore as against Rs 370.58 crore in the year ago p...