India, Feb. 13 -- The company reported standalone net profit of Rs 0.12 crore for the quarter ended December 31, 2024 as compared to Rs 48.20 crore in the same period last year, registering a year-on-year decline of 99.75 per cent.

Net revenue of the company declined substantially by 80.95 per cent at Rs 23.38 crore in October-December quarter of this fiscal as against Rs 122.72 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 80.00 per cent to Rs 24.17 crore from Rs 120.83 crore in year ago period.

Other Income dipped by 96.97 per cent at Rs 1.89 crore versus (Dec'23 Rs 62.28 crore).

Operating Profit slipped by 142.33 per cent to Rs -0.80 crore as against Rs 1.89 crore in the y...