India, Jan. 28 -- The company reported standalone net profit of Rs 59.98 crore for the quarter ended December 31, 2024 as compared to Rs 83.25 crore in the same period last year, registering a year-on-year decline of 27.95 per cent.

Net revenue of the company declined moderately by 8.60 per cent at Rs 259.36 crore in October-December quarter of this fiscal as against Rs 283.75 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 10.87 per cent to Rs 164.18 crore from Rs 148.08 crore in year ago period.

Other Income grew by 296.27 per cent at Rs 6.38 crore versus (Dec'23 Rs 1.61 crore).

Operating Profit slipped by 29.84 per cent to Rs 95.18 crore as against Rs 135.66 crore in the y...