India, Feb. 11 -- The company reported standalone net profit of Rs 11.04 crore for the quarter ended December 31, 2024 as compared to Rs 25.70 crore in the same period last year, registering a year-on-year decline of 57.04 per cent.

Net revenue of the company declined substantially by 31.38 per cent at Rs 113.96 crore in October-December quarter of this fiscal as against Rs 166.08 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 29.07 per cent to Rs 95.76 crore from Rs 135.00 crore in year ago period.

Other Income grew by 49.23 per cent at Rs 5.82 crore versus (Dec'23 Rs 3.90 crore).

Operating Profit slipped by 41.44 per cent to Rs 18.20 crore as against Rs 31.08 crore in the ye...