India, Jan. 28 -- The company reported standalone net profit of Rs 4.42 crore for the quarter ended December 31, 2024 as compared to Rs 7.49 crore in the same period last year, registering a year-on-year decline of 40.99 per cent.

Net revenue of the company declined moderately by 8.26 per cent at Rs 15.89 crore in October-December quarter of this fiscal as against Rs 17.32 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 59.80 per cent to Rs 9.54 crore from Rs 5.97 crore in year ago period.

Operating Profit slipped by 40.05 per cent to Rs 7.11 crore as against Rs 11.86 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 34.70 per cent in...