India, Feb. 7 -- The company reported standalone net profit of Rs 56.29 crore for the quarter ended December 31, 2024 as compared to Rs 102.19 crore in the same period last year, registering a year-on-year decline of 44.92 per cent.

Net revenue of the company declined substantially by 41.22 per cent at Rs 242.54 crore in October-December quarter of this fiscal as against Rs 412.63 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 40.64 per cent to Rs 158.34 crore from Rs 266.74 crore in year ago period.

Other Income grew by 20.22 per cent at Rs 12.13 crore versus (Dec'23 Rs 10.09 crore).

Operating Profit slipped by 42.28 per cent to Rs 84.20 crore as against Rs 145.88 crore in th...