India, Feb. 9 -- The company reported standalone net profit of Rs 2.22 crore for the quarter ended December 31, 2023 as compared to Rs 4.64 crore in the same period last year, registering a year-on-year decline of 52.16 per cent.

Net revenue of the company declined by 0.60 per cent at Rs 49.96 crore in October-December quarter of this fiscal as against Rs 50.26 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 3.50 per cent to Rs 47.26 crore from Rs 45.66 crore in year ago period.

Other Income grew by 72.81 per cent at Rs 1.97 crore versus (Dec'22 Rs 1.14 crore).

Operating Profit slipped by 41.30 per cent to Rs 2.70 crore as against Rs 4.60 crore in the year ago period, while O...