India, Feb. 14 -- The company reported standalone net profit of Rs 19.55 crore for the quarter ended December 31, 2023 as compared to Rs 20.93 crore in the same period last year, registering a year-on-year decline of 6.59 per cent.

Net revenue of the company declined moderately by 9.23 per cent at Rs 245.75 crore in October-December quarter of this fiscal as against Rs 270.73 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 9.33 per cent to Rs 214.46 crore from Rs 236.54 crore in year ago period.

Other Income grew by 25.42 per cent at Rs 6.02 crore versus (Dec'22 Rs 4.80 crore).

Operating Profit slipped by 8.48 per cent to Rs 31.29 crore as against Rs 34.19 crore in the year ago...