India, Jan. 30 -- The company reported standalone net profit of Rs 3.85 crore for the quarter ended December 31, 2024 as compared to Rs 6.50 crore in the same period last year, registering a year-on-year decline of 40.77 per cent.

Net revenue of the company rose moderately by 7.88 per cent at Rs 590.66 crore in October-December quarter of this fiscal as against Rs 547.51 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 9.57 per cent to Rs 555.49 crore from Rs 506.95 crore in year ago period.

Other Income grew by 26.09 per cent at Rs 1.16 crore versus (Dec'23 Rs 0.92 crore).

Operating Profit slipped by 13.29 per cent to Rs 35.17 crore as against Rs 40.56 crore in the year ago p...