India, Feb. 9 -- The company reported standalone net profit of Rs 0.19 crore for the quarter ended December 31, 2023 as compared to Rs 1.20 crore in the same period last year, registering a year-on-year decline of 84.17 per cent.
Net revenue of the company declined moderately by 7.40 per cent at Rs 21.76 crore in October-December quarter of this fiscal as against Rs 23.50 crore in the corresponding period last year.
During October-December quarter, operating expenses dropped by 5.54 per cent to Rs 20.47 crore from Rs 21.67 crore in year ago period.
Operating Profit slipped by 29.35 per cent to Rs 1.30 crore as against Rs 1.84 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 23.69 per cent in De...