India, Feb. 10 -- The company reported standalone net profit of Rs 1.56 crore for the quarter ended December 31, 2023 as compared to Rs 3.02 crore in the same period last year, registering a year-on-year decline of 48.34 per cent.
Net revenue of the company declined substantially by 45.39 per cent at Rs 14.68 crore in October-December quarter of this fiscal as against Rs 26.88 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 42.48 per cent to Rs 12.35 crore from Rs 21.47 crore in year ago period.
Other Income grew by 791.67 per cent at Rs 1.07 crore versus (Dec'22 Rs 0.12 crore).
Operating Profit slipped by 57.01 per cent to Rs 2.33 crore as against Rs 5.42 crore in the year ago...