India, Feb. 2 -- The company reported standalone net profit of Rs 51.74 crore for the quarter ended December 31, 2023 as compared to Rs 103.00 crore in the same period last year, registering a year-on-year decline of 49.77 per cent.

Net revenue of the company declined moderately by 9.96 per cent at Rs 968.00 crore in October-December quarter of this fiscal as against Rs 1,075.09 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 5.64 per cent to Rs 841.06 crore from Rs 891.34 crore in year ago period.

Other Income grew by 44.04 per cent at Rs 4.71 crore versus (Dec'22 Rs 3.27 crore).

Operating Profit slipped by 30.92 per cent to Rs 126.94 crore as against Rs 183.75 crore in the ye...