India, Feb. 8 -- The company reported standalone net profit of Rs 8.33 crore for the quarter ended December 31, 2023 as compared to Rs 14.16 crore in the same period last year, registering a year-on-year decline of 41.17 per cent.

Net revenue of the company rose by 5.75 per cent at Rs 267.21 crore in October-December quarter of this fiscal as against Rs 252.68 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 8.58 per cent to Rs 220.48 crore from Rs 203.06 crore in year ago period.

Other Income grew by 162.86 per cent at Rs 5.52 crore versus (Dec'22 Rs 2.10 crore).

Operating Profit slipped by 5.82 per cent to Rs 46.73 crore as against Rs 49.62 crore in the year ago period, whil...