India, May 18 -- The company reported standalone net profit during the quarter stood at Rs 56.04 crore compared to net loss of Rs 7.01 crore in the previous year quarter.

Net revenue of the company declined substantially by 73.28 per cent at Rs 5.52 crore in January-March quarter of this fiscal as against Rs 20.66 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 74.75 per cent to Rs 5.03 crore from Rs 19.92 crore in year ago period.

Other Income grew by 93.30 per cent at Rs 3.75 crore versus (Mar'23 Rs 1.94 crore).

Operating Profit slipped by 32.88 per cent to Rs 0.49 crore as against Rs 0.73 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to...