India, Feb. 2 -- The company reported standalone net profit of Rs 82.47 crore for the quarter ended December 31, 2023 as compared to Rs 170.18 crore in the same period last year, registering a year-on-year decline of 51.54 per cent.
Net revenue of the company declined moderately by 16.52 per cent at Rs 476.58 crore in October-December quarter of this fiscal as against Rs 570.86 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 9.85 per cent to Rs 366.95 crore from Rs 334.06 crore in year ago period.
Other Income grew by 47.61 per cent at Rs 24.12 crore versus (Dec'22 Rs 16.34 crore).
Operating Profit slipped by 53.70 per cent to Rs 109.63 crore as against Rs 236.80 crore in the...