India, May 10 -- The company reported standalone net profit of Rs 62.55 crore for the quarter ended March 31, 2024 as compared to Rs 69.70 crore in the same period last year, registering a year-on-year decline of 10.26 per cent.

Net revenue of the company rose moderately by 9.41 per cent at Rs 502.83 crore in January-March quarter of this fiscal as against Rs 459.58 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 15.39 per cent to Rs 412.76 crore from Rs 357.70 crore in year ago period.

Other Income dipped by 11.95 per cent at Rs 13.04 crore versus (Mar'23 Rs 14.81 crore).

Operating Profit slipped by 11.59 per cent to Rs 90.07 crore as against Rs 101.88 crore in the year ago per...