India, Feb. 9 -- The company reported standalone net profit of Rs 0.99 crore for the quarter ended December 31, 2023 as compared to Rs 1.23 crore in the same period last year, registering a year-on-year decline of 19.51 per cent.

Net revenue of the company declined substantially by 56.04 per cent at Rs 12.53 crore in October-December quarter of this fiscal as against Rs 28.50 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 66.96 per cent to Rs 8.78 crore from Rs 26.57 crore in year ago period.

Other Income dipped by 30.40 per cent at Rs 1.74 crore versus (Dec'22 Rs 2.50 crore).

Operating Profit surged by 94.30 per cent to Rs 3.75 crore as against Rs 1.93 crore in the year ago p...