India, Jan. 31 -- The company reported standalone net profit of Rs 19.58 crore for the quarter ended December 31, 2024 as compared to Rs 31.86 crore in the same period last year, registering a year-on-year decline of 38.54 per cent.

Net revenue of the company declined marginally by 4.92 per cent at Rs 193.69 crore in October-December quarter of this fiscal as against Rs 203.72 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 5.17 per cent to Rs 168.15 crore from Rs 159.89 crore in year ago period.

Other Income grew by 55.59 per cent at Rs 5.43 crore versus (Dec'23 Rs 3.49 crore).

Operating Profit slipped by 41.73 per cent to Rs 25.54 crore as against Rs 43.83 crore in the year...