India, Feb. 1 -- The company reported standalone net profit of Rs 0.31 crore for the quarter ended December 31, 2024 as compared to Rs 5.28 crore in the same period last year, registering a year-on-year decline of 94.13 per cent.

Net revenue of the company declined substantially by 43.76 per cent at Rs 29.48 crore in October-December quarter of this fiscal as against Rs 52.42 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 27.03 per cent to Rs 27.97 crore from Rs 38.33 crore in year ago period.

Operating Profit slipped by 68.28 per cent to Rs 4.47 crore as against Rs 14.09 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 43.60 per cent...