India, Feb. 7 -- The company reported standalone net profit of Rs 11.99 crore for the quarter ended December 31, 2023 as compared to Rs 24.47 crore in the same period last year, registering a year-on-year decline of 51.00 per cent.
Net revenue of the company declined marginally by 2.52 per cent at Rs 252.72 crore in October-December quarter of this fiscal as against Rs 259.24 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 0.14 per cent to Rs 227.31 crore from Rs 227.62 crore in year ago period.
Other Income grew by 12.01 per cent at Rs 4.01 crore versus (Dec'22 Rs 3.58 crore).
Operating Profit slipped by 19.64 per cent to Rs 25.41 crore as against Rs 31.62 crore in the year ag...