India, Feb. 12 -- The company reported standalone net profit of Rs 0.12 crore for the quarter ended December 31, 2023 as compared to Rs 0.16 crore in the same period last year, registering a year-on-year decline of 25.00 per cent.

Net revenue of the company declined substantially by 43.50 per cent at Rs 22.25 crore in October-December quarter of this fiscal as against Rs 39.38 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 46.51 per cent to Rs 21.39 crore from Rs 39.99 crore in year ago period.

Other Income dipped by 86.79 per cent at Rs 0.14 crore versus (Dec'22 Rs 1.06 crore).

Operating Profit surged by 240.98 per cent to Rs 0.86 crore as against Rs -0.61 crore in the year a...