India, Feb. 12 -- The company reported standalone net profit of Rs 22.23 crore for the quarter ended December 31, 2023 as compared to Rs 31.75 crore in the same period last year, registering a year-on-year decline of 29.98 per cent.

Net revenue of the company declined moderately by 15.11 per cent at Rs 252.50 crore in October-December quarter of this fiscal as against Rs 297.43 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 11.80 per cent to Rs 219.47 crore from Rs 248.82 crore in year ago period.

Other Income dipped by 6.11 per cent at Rs 6.15 crore versus (Dec'22 Rs 6.55 crore).

Operating Profit slipped by 32.05 per cent to Rs 33.03 crore as against Rs 48.61 crore in the yea...