India, Feb. 7 -- The company reported standalone net profit of Rs 9.86 crore for the quarter ended December 31, 2023 as compared to Rs 20.17 crore in the same period last year, registering a year-on-year decline of 51.12 per cent.
Net revenue of the company declined moderately by 19.77 per cent at Rs 122.99 crore in October-December quarter of this fiscal as against Rs 153.29 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 14.09 per cent to Rs 107.77 crore from Rs 125.45 crore in year ago period.
Other Income dipped by 16.56 per cent at Rs 1.26 crore versus (Dec'22 Rs 1.51 crore).
Operating Profit slipped by 45.31 per cent to Rs 15.22 crore as against Rs 27.83 crore in the year...