India, April 8 -- The company reported standalone net profit of Rs 12.97 crore for the quarter ended December 31, 2024 as compared to Rs 28.56 crore in the same period last year, registering a year-on-year decline of 54.59 per cent.

Net revenue of the company rose substantially by 99.40 per cent at Rs 211.74 crore in October-December quarter of this fiscal as against Rs 106.19 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 158.68 per cent to Rs 193.49 crore from Rs 74.80 crore in year ago period.

Other Income dipped by 40.00 per cent at Rs 0.03 crore versus (Dec'23 Rs 0.05 crore).

Operating Profit slipped by 41.86 per cent to Rs 18.25 crore as against Rs 31.39 crore in the y...