As suggested by Krishna, higher other expenses is due to demolishment of one factory shed to build a new exhibition Hall #6. This has resulted in a one-time cost of 15 cr. Adjusted for that, profitability is in-line with last quarter. Its not related to management commission.
And reason for lower exhibition revenues (vs Q2FY23) is a few large-sized exhibitions were held in Q2FY23, vs a number of small to mid size exhibitions in Q3FY23. They are expecting recovery in 4QFY23.
Disclosure: Invested (position size here, no transactions in last-30 days)