India, Feb. 14 -- The company reported standalone net profit of Rs 4.20 crore for the quarter ended December 31, 2023 as compared to Rs 4.69 crore in the same period last year, registering a year-on-year decline of 10.45 per cent.

Net revenue of the company rose moderately by 15.68 per cent at Rs 54.96 crore in October-December quarter of this fiscal as against Rs 47.51 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 18.51 per cent to Rs 48.27 crore from Rs 40.73 crore in year ago period.

Other Income dipped by 16.98 per cent at Rs 0.88 crore versus (Dec'22 Rs 1.06 crore).

Operating Profit slipped by 1.18 per cent to Rs 6.69 crore as against Rs 6.77 crore in the year ago peri...