India, Feb. 12 -- The company reported standalone net profit of Rs 0.25 crore for the quarter ended December 31, 2023 as compared to Rs 5.20 crore in the same period last year, registering a year-on-year decline of 95.19 per cent.

Net revenue of the company declined moderately by 11.44 per cent at Rs 181.05 crore in October-December quarter of this fiscal as against Rs 204.43 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 11.40 per cent to Rs 180.99 crore from Rs 204.27 crore in year ago period.

Other Income dipped by 94.99 per cent at Rs 0.27 crore versus (Dec'22 Rs 5.39 crore).

Operating Profit slipped by 62.50 per cent to Rs 0.06 crore as against Rs 0.16 crore in the year a...