India, Feb. 12 -- The company reported standalone net profit of Rs 0.04 crore for the quarter ended December 31, 2023 as compared to Rs 0.50 crore in the same period last year, registering a year-on-year decline of 92.00 per cent.

Net revenue of the company rose moderately by 7.88 per cent at Rs 67.47 crore in October-December quarter of this fiscal as against Rs 62.54 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 9.44 per cent to Rs 66.89 crore from Rs 61.12 crore in year ago period.

Other Income grew by 266.67 per cent at Rs 0.11 crore versus (Dec'22 Rs 0.03 crore).

Operating Profit slipped by 59.44 per cent to Rs 0.58 crore as against Rs 1.43 crore in the year ago period...