India, Feb. 6 -- The company reported standalone net profit of Rs 1.62 crore for the quarter ended December 31, 2023 as compared to Rs 0.02 crore in the same period last year, registering a year-on-year growth of 8000.00 per cent.

Net revenue of the company declined substantially by 81.46 per cent at Rs 45.14 crore in October-December quarter of this fiscal as against Rs 243.47 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 83.92 per cent to Rs 38.44 crore from Rs 239.01 crore in year ago period.

Other Income grew by 2.22 per cent at Rs 0.46 crore versus (Dec'22 Rs 0.45 crore).

Operating Profit surged by 50.45 per cent to Rs 6.71 crore as against Rs 4.46 crore in the year ago ...