India, April 25 -- The company reported standalone net profit of Rs 189.80 crore for the quarter ended March 31, 2024 as compared to Rs 189.00 crore in the same period last year, registering a year-on-year growth of 0.42 per cent.

Net revenue of the company declined moderately by 13.04 per cent at Rs 864.70 crore in January-March quarter of this fiscal as against Rs 994.40 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 16.61 per cent to Rs 565.40 crore from Rs 678.00 crore in year ago period.

Other Income dipped by 32.89 per cent at Rs 15.30 crore versus (Mar'23 Rs 22.80 crore).

Operating Profit slipped by 5.40 per cent to Rs 299.30 crore as against Rs 316.40 crore in the year ag...