India, Feb. 1 -- The company reported standalone net profit of Rs 1.53 crore for the quarter ended December 31, 2024 as compared to Rs 5.05 crore in the same period last year, registering a year-on-year decline of 69.70 per cent.

Net revenue of the company declined substantially by 40.03 per cent at Rs 15.58 crore in October-December quarter of this fiscal as against Rs 25.98 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 43.48 per cent to Rs 11.75 crore from Rs 20.79 crore in year ago period.

Other Income dipped by 158.30 per cent at Rs -1.30 crore versus (Dec'23 Rs 2.23 crore).

Operating Profit slipped by 26.20 per cent to Rs 3.83 crore as against Rs 5.19 crore in the year a...