India, Feb. 1 -- The company reported standalone net profit of Rs 3.08 crore for the quarter ended December 31, 2024 as compared to Rs 4.16 crore in the same period last year, registering a year-on-year decline of 25.96 per cent.

Net revenue of the company declined substantially by 44.43 per cent at Rs 29.98 crore in October-December quarter of this fiscal as against Rs 53.95 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 51.70 per cent to Rs 23.33 crore from Rs 48.30 crore in year ago period.

Operating Profit surged by 17.52 per cent to Rs 6.64 crore as against Rs 5.65 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 111.95 per cent in...