India, Feb. 14 -- The company reported standalone net profit of Rs 50.00 crore for the quarter ended December 31, 2023 as compared to Rs 92.00 crore in the same period last year, registering a year-on-year decline of 45.65 per cent.

Net revenue of the company rose marginally by 1.94 per cent at Rs 682.00 crore in October-December quarter of this fiscal as against Rs 669.00 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 14.63 per cent to Rs 658.00 crore from Rs 574.00 crore in year ago period.

Other Income grew by 51.28 per cent at Rs 59.00 crore versus (Dec'22 Rs 39.00 crore).

Operating Profit slipped by 74.74 per cent to Rs 24.00 crore as against Rs 95.00 crore in the year ...