India, May 10 -- The company reported standalone net profit of Rs 104.31 crore for the quarter ended March 31, 2024 as compared to Rs 138.08 crore in the same period last year, registering a year-on-year decline of 24.46 per cent.

Net revenue of the company declined substantially by 25.35 per cent at Rs 521.52 crore in January-March quarter of this fiscal as against Rs 698.61 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 23.88 per cent to Rs 389.27 crore from Rs 511.36 crore in year ago period.

Other Income grew by 74.27 per cent at Rs 22.62 crore versus (Mar'23 Rs 12.98 crore).

Operating Profit slipped by 29.38 per cent to Rs 132.24 crore as against Rs 187.25 crore in the year ...