India, Jan. 28 -- The company reported standalone net profit of Rs 30.87 crore for the quarter ended December 31, 2024 as compared to Rs 40.48 crore in the same period last year, registering a year-on-year decline of 23.74 per cent.

Net revenue of the company rose by 0.58 per cent at Rs 188.80 crore in October-December quarter of this fiscal as against Rs 187.71 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 13.29 per cent to Rs 160.23 crore from Rs 141.43 crore in year ago period.

Other Income grew by 27.33 per cent at Rs 15.28 crore versus (Dec'23 Rs 12.00 crore).

Operating Profit slipped by 38.27 per cent to Rs 28.57 crore as against Rs 46.28 crore in the year ago period,...