India, Feb. 14 -- The company reported standalone net profit of Rs 0.24 crore for the quarter ended December 31, 2023 as compared to Rs 0.92 crore in the same period last year, registering a year-on-year decline of 73.91 per cent.

Net revenue of the company declined substantially by 52.62 per cent at Rs 7.70 crore in October-December quarter of this fiscal as against Rs 16.25 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 50.59 per cent to Rs 7.17 crore from Rs 14.51 crore in year ago period.

Other Income grew by 171.43 per cent at Rs 0.19 crore versus (Dec'22 Rs 0.07 crore).

Operating Profit slipped by 70.11 per cent to Rs 0.52 crore as against Rs 1.74 crore in the year ago p...