India, May 27 -- The company reported standalone net profit of Rs 11.97 crore for the quarter ended March 31, 2025 as compared to Rs 17.64 crore in the same period last year, registering a year-on-year decline of 32.14 per cent.

Net revenue of the company declined substantially by 50.09 per cent at Rs 92.66 crore in January-March quarter of this fiscal as against Rs 185.64 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 59.47 per cent to Rs 66.89 crore from Rs 165.02 crore in year ago period.

Other Income dipped by 106.67 per cent at Rs -0.02 crore versus (Mar'24 Rs 0.30 crore).

Operating Profit surged by 24.92 per cent to Rs 25.77 crore as against Rs 20.63 crore in the year ago p...