India, Feb. 14 -- The company reported standalone net profit of Rs 2.91 crore for the quarter ended December 31, 2024 as compared to Rs 30.11 crore in the same period last year, registering a year-on-year decline of 90.34 per cent.

Net revenue of the company declined substantially by 22.08 per cent at Rs 93.33 crore in October-December quarter of this fiscal as against Rs 119.77 crore in the corresponding period last year.

During October-December quarter, operating expenses increased by 7.78 per cent to Rs 86.91 crore from Rs 80.64 crore in year ago period.

Other Income grew by 54.30 per cent at Rs 3.41 crore versus (Dec'23 Rs 2.21 crore).

Operating Profit slipped by 83.62 per cent to Rs 6.41 crore as against Rs 39.13 crore in the year ...