India, Feb. 12 -- The company reported standalone net profit of Rs 1.92 crore for the quarter ended December 31, 2023 as compared to Rs 4.29 crore in the same period last year, registering a year-on-year decline of 55.24 per cent.
Net revenue of the company declined moderately by 11.63 per cent at Rs 81.23 crore in October-December quarter of this fiscal as against Rs 91.92 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 8.33 per cent to Rs 78.82 crore from Rs 85.98 crore in year ago period.
Other Income grew by 37.97 per cent at Rs 1.09 crore versus (Dec'22 Rs 0.79 crore).
Operating Profit slipped by 59.60 per cent to Rs 2.40 crore as against Rs 5.94 crore in the year ago peri...