India, Feb. 2 -- The company reported standalone net profit of Rs 45.12 crore for the quarter ended December 31, 2023 as compared to Rs 23.84 crore in the same period last year, registering a year-on-year growth of 89.26 per cent.

Net revenue of the company declined moderately by 7.99 per cent at Rs 308.39 crore in October-December quarter of this fiscal as against Rs 335.18 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 12.30 per cent to Rs 265.07 crore from Rs 302.26 crore in year ago period.

Other Income grew by 140.40 per cent at Rs 27.43 crore versus (Dec'22 Rs 11.41 crore).

Operating Profit surged by 31.52 per cent to Rs 43.31 crore as against Rs 32.93 crore in the year ...