India, Jan. 31 -- The company reported standalone net profit of Rs 1.49 crore for the quarter ended December 31, 2024 as compared to Rs 5.70 crore in the same period last year, registering a year-on-year decline of 73.86 per cent.

Net revenue of the company declined substantially by 59.17 per cent at Rs 30.36 crore in October-December quarter of this fiscal as against Rs 74.36 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 58.67 per cent to Rs 29.95 crore from Rs 72.46 crore in year ago period.

Other Income dipped by 73.16 per cent at Rs 1.64 crore versus (Dec'23 Rs 6.11 crore).

Operating Profit slipped by 78.42 per cent to Rs 0.41 crore as against Rs 1.90 crore in the year ag...